Maliki discuss with the Election Commission ways to support electoral entitlement.
Baghdad/ NINA /-- Prime Minister Nuri al-Maliki discussed with a delegation of the Electoral Commission means of supporting by the government for the elections of the House of Representatives in the next year.
The Commission said in a press statement that "the delegation gave a detailed explanation of the Commission's preparations and the proposed operational, as well as the formation of the Supreme Security Committee for the elections.
Announced united bloc, led by House Speaker Osama Najafi, the President of the Council resides in Arbil, for personal reasons, social, and that his visit had nothing to do with parliamentary or political issues, especially with regard to approving a proposed amendment of the law of parliamentary elections.
The MP said the bloc Arkan Arshad Zebari told the reporter, "Khandan", "The Najafi did not go to Arbil كزيارة official or working visit relating to the House of Representatives and laws, including the removal of differences over the election law, but the visit of special things personal and personal commitments or social."
Zebari stressed that "the solution to the election law will be in Baghdad, and on Wednesday or Thursday will see the adoption of the law."
The parliamentary source confirmed for "Khandan" that "Najafi went today to Arbil to meet with the leaders of Kurdistan to discuss with them about the sticking points electoral law, particularly with regard seats compensatory demands of the Kurdistan Alliance distributed according to the number of electoral votes received by the political entity and not on the basis of the parliamentary seats . "
Upper: Islamic Dawa Party is now the ruling is subject to criticism and criticism
Khandan - An independent MP Hassan Alawi, said the Islamic Dawa Party is now the ruling party and is subject to criticism and criticism of various forms of attack peaceful, while noting that he did not touch people in person and Ahzba his party, but talked about the performance of the unfortunate and the programs did not see any of them to the highest level theoretical and practical level.
Said upper in a statement received "Khandan" a copy of it, "For over three decades, I did not think time to engage in مساجلة with a person or party or sect, because المساجلات turn into a scene the benefit of lookers and losers when they Almtlakmon in the fray who tyranny One of the other, but Asmah myself to be in this scene, and this rule was my relationship with the parties and personalities who lived with her at one stage, including the Islamic Dawa Party, which did not mention once only Antceft of martyrs and sacrifices, but the call is now the ruling party and is subject to criticism and criticism of various forms of attack peaceful, if he wanted the party to be Mtptla reluctant متصوفا he that excludes the public right and manages institutions and ministerial and security and financial, and years ago, said the jeweler (The struggle task * يعيا by Almatrab), then it can be for our voices to shut up, either party addresses the responsibility of the first in the country and kills around him every day for at least thirty Iraqis and enter into the world of disabled more than 100 human right, and destroyed dozens of shops and businesses Statistics, while blessed with those in power Almtsdon to rule on behalf of the Shiites, including reward the boy, are a different story, and here are the screens various Iraqi agree that corruption Under this government has risen to levels of flood plunging the state institutions and Mrajauha bribery and the fall of the receivables, and this is who we turn him cash, but leave the martyrs of the call who have been subjected to genocide organization Hanin in the drawer of immortality, and the people of corruption, they certainly are not the people of the martyrs and their heirs. "
He pointed top that "On a personal note, keep in my speech on the language dealing with shrines Bhjovernma, did yesterday people in person and Ahzba his party, but talked about the performance of the unfortunate and the programs have not seen any of them for the highest level of theoretical nor practical level, if such a Speech is a departure from the literature and political traditions and customs, we certainly Outlaws on these traditions. "
And he said, "is as much a personal I would like to mention these preachers be at the forefront of the first chapters of my memoirs mission personal message from exile on 14.02.1984 to the then Minister of Foreign Affairs of Kuwait where talking about Kuwaiti error in their opposition to the Dawa Party, and that the result will not be in favor of Kuwait, The message line of my hands, and remind them that I won the Dawa party in the circumstances it was approaching them as if approaching from the gallows, and this is confirmed by the newspaper Jihad spokesperson Dawa Party between 1982 - 1984 has overseen the development of Damascus when he was Urubi Dr. Ali Tamimi responsible for branch Party in Damascus, and so I said in my books, I've won the call when he was opposed and attacked him when he became governor, also won for Saddam Hussein when taken captive after Garath over a quarter of a century, this is like the souls large clean and fair and that were not days echo the voice of the high neighborliness. "
He said he "would not be a thief Food Iraqis and former trade minister leading member of the Dawa Party, the heir to Abdul-Sahib intruder who was tearing his body alive in the palace of the end, not those illiterates who surround the Prime Minister and the heirs of the Sheikh of the world Mahdi الآصفي, and will not be spokesmen call now of class historian Hassan inch, nor were the cloak for the purest of the mantle of a martyr of Islamic thought I Mohammed Baqir al-Sadr. "
The upper "You certainly people of authority, and the martyrs and scientists They face God in sheep's clothing Sondos Khadr says Abu Tammam Tai (deteriorated clothing death Hamra what came * a night, but one of the Sondos vegetables), and the threat and use the power of the state prime minister know of other how much he writer he'd lines in the face of death even as he filed eighty national will of the fighters in ".
Shabandar: Maliki is under pressure Dawa party and his political opponents
Baghdad / Orr News
MP Izzat Shabandar that the pressure on Prime Minister Nuri al-Maliki many of them stress the Dawa Party, who thinks he is the ruling party while Maliki does not believe so because he believes in partnership, so often contradicted party with Maliki policy.
Shabandar In an interview with "New Morning," is his first after the crisis caused by his remarks against Shiite, said, "There are no allies are real for the owners and there is no opposition real Everyone is trapped wherever they spin their interests if security Maliki part Orobma all their understanding of him, and if they do not believe in them so they are against him and there is no doctrine but Lambda clean never homeland and the country is another topic in mind. "
And on the security situation Shabandar said that the responsibility for the deterioration of the security situation rests with political leaders and security officials to understand about this deterioration. He said there is no sectarian war or civil These allegations launched by these leaders to يتهربوا of responsibility for the deficit, pointing out that the inability of the security forces and the Iraqi political parties for mutual trust is the one who gives the violent groups and groups of blood in both parties the opportunity to raise their heads and do مايريدون freely.
And honor that document signed recently told Shabandar it اتعدو a the paper from being added to the CDs from the leaves are damaged Does Not Take The problem does not need nor invited but with it, "calling the sincerity and called part of his mind". He pointed out that it may want the document to be binding for those who sign it and be even stronger than the commitment to the Constitution, but is not as well as has exited the recommendations and the recommendations are not binding, while the binding constitution.
And the reforms needed to address the political situation in the country Shabandar said that the current phase is the product of moral politicians المتصدين and Almmiskin to positions of responsibility and this bad and output will return to Iraq as bad. He also said "I expect the reluctance of people to participate in the political process and thus may Iraqi society resort to massive uprising these politicians forced to withdraw and hurtling new names forward."
Barzani: Kurdistan was and will remain a center of brotherly coexistence for all components
The head of the Kurdistan Regional Government Barzani, Tuesday, that the region was and always will enjoy the culture center fraternal coexistence of all ethnic and religious components and sectarianism.
A statement by the provincial government, received "news the future," that "Barzani met with Archbishop Bashar Warda, bishop of the diocese Chaldean in Erbil, who offered his condolences and sympathy to the Prime Minister of the province killed a number of employees of the Asayish terrorist attack that took place yesterday in the capital Arbil."
He added that "the bishop expressed his condolences to the families of the victims and wished speedy recovery to the injured, denounced this terrorist act and a description of the crime of trying to cowardly to disturb the atmosphere safe and stable in the Kurdistan region, which has become a safe haven for coexistence, progress and prosperity in the region."
The statement noted that "the two sides discussed during the meeting," the situation of displaced Christians from Baghdad and Mosul and Kirkuk, who have left their money and their homes because of security concerns, terrorist acts and went to the Kurdistan region in search of safety and stability. "
The statement quoted Barzani as saying that "the Kurdistan Regional Government considers its duty reception and accommodation of displaced Christians brothers from the rest of Iraq, and the government of the Territory was ready to provide all forms of cooperation and facilities for them."
A new Iraqi currency, Soon
Posted: October 1, 2013 in Iraqi Dinar/Politics
Tags: Central bank, Currency, Finance Committee, Haider al-Abadi, Iraq, iraqi, Iraqi dinar, United States Senate Committee on Finance
Screen Shot 2013-10-01 at 8.03.29 PMPosted: October 1, 2013
The Central Bank seeks to delete the three zeros of the Iraqi currency since 2003. Which raises many concerns on the street level and the business and financial community and economists seem divided between supporters of the project saw an opportunity to reduce the rates of inflation and unemployment and forewarned of economic shocks might prevail in the Iraqi market by implementing this project.
The project has been postponed after the Central Bank introduced its amendments, most of the time because of fears based on the most unruly security situation and open market to foreign goods and counterfeit currency circulating on the market in addition to rampant corruption in the country.
The independent Iraqi news agency quoted a member of the Finance Committee in Parliament, Abdul Hussein Al-yasiri in fourth from last September as saying that 2014 will delete the zeros of the Iraqi currency, in coordination with the Central Bank. Al-yasseri said that this project will reduce the size of the national currency in circulation of four billion Iraqi dinars to 1 billion.
, Said the Chairman of the Finance Committee in the House of Haidar Al-Abbadi for “monitor” it is possible to delete zeros from the current currency, but it has been postponed until after the parliamentary elections, adding that studies are now to establish safeguards to reduce fraud, and make sure that trading in the current currency.
The process of deleting zeros was postponed more than once, until called on Parliament’s Economic Committee, reported channel “East” on the 7th of July, the Central Bank, to speed up the process of deletion of zeros of the Iraqi currency in a press conference that the deletion of zeros will increase the value of the Iraqi dinar will be reflected positively on the issue of reducing unemployment and poverty in the country.
But the financial advisor in the “North Bank” Nafi ‘ Elias said in an interview to “monitor” the deletion of zeros are only administrative, process equation of cash must remain as they are, that the purchasing power of the new currency must be equal to the old currency. Elias said that trading in both currencies for up to three years old to withdraw gradually from the market. Elias predicted that highlights the problems if not resolved operations of the creditor and the debtor or if the any payments and withdrawals. But it would not affect inflation rates or poverty.
, Vice Chairman of the Finance Committee in the Iraqi Parliament Ahmed Faizullah to “monitor” the wholesome Elias, noting that the deletion of zeros will not alter the purchasing power of the Iraqi dinar because it is linked to the volume of industrial production and import. What saved the Iraqi dinar is owning the Central Bank cash reserve of hard currency might formed engaging cover to the dinar. Called Faizullah to not implement the project at this time because it could confuse the market and citizens alike.
Amid those views the Commissioner for “Breeze” stock trading for INAS Mohamed told “the monitor”, that the stock market will be affected by the change and delete the zeros. The stock is still selling dinar, currently equal to a thousand shares, while will become one new dinar after the deletion of zeros equals 000, which could confuse the stock market basically confused movement due to the security situation in the country.
Economists Divided Over Deletion
Of Zeros on Iraqi Dinar
By: Amina al-Dahabi for Al-Monitor Iraq Pulse Posted on October 1
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. While some support the project and consider it a chance to decrease inflation and unemployment, others warn of economic shocks that may prevail over the Iraqi market as a result of the project’s implementation.
Summary :
While the Central Bank of Iraq has been considering deleting three zeros from the currency for several years, economists remained divided over how markets would be affected.
Original Title:
Soon … A New Iraqi Currency
Following amendments made by the CBI, implementation of the project has been postponed several times. This is because of fears that are mostly related to the lack of security, the presence of a market open to foreign commodities without any restrictions, the prevalence of counterfeit money in the market and rampant corruption in the country.
The independent Iraqi News Agency (INA) quoted Abdul Hussein al-Yasiri, a member of the Iraqi parliamentary Finance Committee, as saying that 2014 will witness the deletion of zeros from the Iraqi currency. He noted that the deletion will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.
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.
Nafee Elias, a financial advisor at the North Bank, told Al-Monitor that the step to delete zeros is merely an administrative process, and the currency equation should remain the same. This means that the purchasing power of the new currency should be equal to that of the old currency. He added that the two currencies should both remain in the market for a period not exceeding three years, then the old currency should be gradually withdrawn. Elias expected problems to arise if debtor-creditor transactions are not set according to the new currency, or there are defects in withdrawal or payment transactions. He added that it is unlikely the change will affect inflation or poverty rates.
Ahmed Faizullah, deputy head of the parliamentary Finance Committee, agreed with Elias. Speaking to Al-Monitor, he noted that the deletion of zeros will not affect the Iraqi dinar’s purchasing power, because the latter is linked to the size of industrial production and imports. He added that the CBI’s hard currency reserves have saved the Iraqi dinar and served as a cover for it. Faizullah called for not applying the project at the moment, because it will confuse Iraqis and disrupt the market.
Amid these views, Enas Mohamed, deputy director at Naseem Al Shemal Brokerage Company, told Al-Monitor that the stock market will be harmed the most by a change of currency and the deletion of zeros. The price of a share is one dinar, so currently 1,000 dinars are equal to 1,000 shares. Following the deletion of zeros, the new dinar will be equal to 1,000 shares, which would further confuse the stock market, which is already muddled as a result of the security situation.
Amina al-Dahabi is a political-economic researcher and reporter trained in the field of oil and energy journalism. She holds a doctorate in American Containment Policy.
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