" The Dinar Daily ", Monday, 21 October 2013 - Page 4
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Thread: " The Dinar Daily ", Monday, 21 October 2013


    
  1. #31
    Blessed: one million and 100 thousand dealer voice is influential in economic decision

    10/22/2013 12:00 AM

    Called to outsource laws to specialist destinations
    Baghdad - شكران the Fatlawi
    Facing the private sector impediments multiple in the midst of the changes experienced by the country since the beginning of the change and so far represented the survival of the economic laws that existed under the previous regime, which is still in effect without change with the survival of this sector active and influential in the various joints of life without the support of taking Bnasith towards growth and increased GNP.
    Secretary-General of the Federation of Chambers of Commerce Abdul Hussein Jabr blessed said "morning" that placed the private sector were discussed several times in the economic committees of the General Secretariat of the Council of Ministers and the Ministry of Planning and the relevant ministries adding that these discussions and claims have not fallen on deaf ears by the officials pointing out that the Union demanded change the package of economic laws chock investment laws such as corporate law, tax law and labor law as well as the penal laws, noting that the Penal Code linked to the support of the Investment Law through the protection of foreign investors for projects carried out within the country.
    Banking Act
    And the most prominent obstacles to development said blessed that there is a law is a disaster for the Iraqi economy, but a law of Iraqi banks, pointing out that monetary and fiscal policy pursued need to be reviewed because it is not in line with the development in Iraq after the change indicating that the Union presented a series of proposals to the concerned authorities but not taking them and study them seriously attributing the cause to the mechanism that is the study of the proposed terms is passed through government agencies without going Shura Council of State, explaining that the Union has more than 1.1 million merchant Iraqis as well as 18 rooms, including the Kurdistan region, but the their voice is still heard by the official authorities.
    Consumer Protection
    Blessed respondents about the responsibility of consumer protection that the law promising Bmsodtan one by the Consumer Protection Association and the other by the Ministry of Industry pointing out that he was taking the view of the ministry and this is not permissible, originally he said., And he said in all countries of the world are the laws by an independent statutory body non-governmental تستفرد paragraphs draft to ensure the benefit of the public sector drawing on what he did Iraqi legislation previously in the preparation of civil law and which was prepared by Dr. Ahmed Sanhoori a scientist Egyptian law was summoned to Baghdad for the purpose of preparing Iraqi law, civil and did not ask the government to prepare the law of the Iraqi civil stressing the need to be seen to this subject from the perspective of national through to the independent institutions to prepare draft laws bis surprise presented in this vein, as is the case for the law of intellectual property protection as provided by the Ministry of Culture, saying that this is not permissible, and wished the Council of State to be seen these laws in a scientific manner is especially true with regard to the Banking Act, believing it primarily responsible for the deterioration of banking services in Iraq, pointing out that the central bank is dominated by complete dominance on the movement of Iraqi banks comparison between him and the laws of the countries surrounding Iraq.
    Business processes
    He pointed to the need to give Alqonin complete freedom of banking transactions including deemed appropriate by the boards of directors have afterthought that this freedom is missing in the Iraqi banking law.
    He pointed to the need to enable the banks to do their part, just like the rest of the surrounding countries drawing on the experience of the Kingdom of Jordan and how the banks are to enter into export and import operations.
    Reminding that our banks for not doing business operations at the time, which is work commercially limited to deposit and withdraw money without doing provide other banking services for customers as well as the central bank to sell Iraqi assets from the dollar auctions by private banks, saying that this action did not achieve the desired end of it Through gathered a lot of the same faces on the doors of banks for the purpose of obtaining a small amount by five thousand dollars and wished him to allocate the money in the right business processes to activate its economic role on the mind important economic power and effective.

    https://translate.google.com/translat...x%3FID%3D56820
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  2. #32
    Establishment of a bank to finance the projects highlighted the decisions of Banking Conference

    10/22/2013 12:00 AM

    BAGHDAD - Hussein ثغب of Tamimi
    Concluded stakeholders banking to the need for the establishment of the Bank for Development to finance major projects and the expansion of the modes of financing long-term through the contribution of private banks and government in addition to the establishment of a training center dedicated to creating cadres according to the latest styles universally adopted and her husband in the sessions of international financial institutions in order to develop skills. Recommendations made by the Conference of the Iraqi banking first who organized the end of last September included a charter professional between the government and private banks under the supervision of the Central Bank of Iraq and the formation of a coordination committee a permanent follow-up flow of transactions among the parties of the banking system, and strengthen cooperation among them, as well as the call to activate the Financial Services Tribunal to consider arises from issues, said Executive Director of the Association of private banks in Iraq, Abdul Aziz Hassoun that the recommendations also included a program to develop the system of risk management by banks under the supervision and control of the Iraqi Central Bank rather than just the acquisition of software banking, and the development of a framework for the governance of banks and their mechanisms and internal controls and the development of systems of control and audit Internal and Sharia.
    He said in a statement (morning) Conference recommended activating the procedures for coordination between fiscal and monetary authorities and other relevant authorities through a joint committee in order to develop new mechanisms and policies to support and develop the private banking sector.
    And between the Goldfinch delayed recommendations tended towards the establishment of a training center dedicated to creating cadres banking according to the latest methods adopted in banks in the world and expanding access to training opportunities from banks and financial institutions of Foreign Affairs. Was the Association of private banks in Iraq had organized a conference of the Iraqi banking first under the patronage of the Prime Minister Mr. Nuri Kamal al-Maliki and under the banner of the Iraqi banking sector realities and challenges. And turns the Prime Minister, Secretary General of the Council of Ministers, Dr. Ali Keywords in the care of the conference, which was attended by Deputy Governor of the Central Bank of Iraq Zuhair Ali Akbar on behalf of the Governor in addition to the representative of the Union of Arab Banks and representative of the Association of Banks in Lebanon, in addition to a large group of guests and bankers and a number of academics from universities Iraqi conference discussed in four sessions over the daily held topics presented by researchers at the four Mahoralawl the Iraqi banking sector realities and challenges, banks and their role in development, as well as the banking sector and international relations, and the conclusion was with the strategy of the banking sector.

    https://translate.google.com/translat...x%3FID%3D56817

  3. #33
    Remote banking services to ensure development and investment environment of the country

    10/22/2013 12:00 AM

    BAGHDAD - Farah pumice
    Counting banking experts and specialists linked banks in the public and private telecommunications network and one "jump task" in the banking system in Iraq, in order to provide banking services at the level of the banking industry world. Economist and banker Dr. Majid Suri said in a statement to the (morning): The "This program is very important to provide modern services to customers of banks, regardless of the individuals or institutions", as it offers quick service by calling, which is called "Dealing remote" with the customers of banks., adding that this project deals with all who can use Mobile phone in both outside Iraq or inside it, as it facilitates and accelerates the process of completing banking transactions, especially that this project took decades in some countries of the world to be done and implemented, however, in Iraq during the present time, the electronic trading, ستختصر this period, to a large degree and starts expansion later, pointing out that he needs to be a culture and awareness banking high-insured for the customer, it is necessary to have a special law for the legitimacy of the deal means electronic, whether in government or private. urged the expert to find a cadre manner that can handle this project, as well as awareness of the citizen or the customer's order to be able to deal with him, calling to spread awareness and culture by the central bank and the government and private banks in the Iraqi street in order to reach the required level to deal with this project. pointed Suri to the importance of the awareness of citizens through the media and seminars, as well as educate the customer at the Bank to demonstrate the ease of dealing with this project and ensure the protection and the absence of the possibility of error and theft, as it has to be that there will be awareness enough by all the stakeholders in this issue, as it will reduce the work routine paperwork bureaucracy, believing that it will be implemented soon., in turn, he saw a member of the Committee Economy and Investment MP Abdul Abbas Xiaa that this project will create an investment environment and development of the country. added Xiaa in a press statement, that (the project) will bring international companies to invest in various sectors, they are looking for a banking system developed in the environment in which they invest to ensure that their funds and maintain. mentions The central bank announced its intention to implement a project linking local banks network unified communications, managed by an international specialized company in order to facilitate banking transactions and control the work of banks in the country. Iraq has more than 50 banks with about 800 branches in Baghdad and the provinces, according to statistics of the Central Bank the per capita share of the Iraqi banking less than four times what it is in neighboring countries.

    https://translate.google.com/translat...x%3FID%3D56816

  4. #34
    Maliki confirms agreement with the two companies for the production of {6000} megawatts of electricity

    21/10/2013

    Baghdad - and babysit - Prime Minister Nuri al-Maliki not to politicize the issue of electricity, stressing the need for non-interference policy issues of citizen service. Maliki said in a speech during a meeting between Minister of Electricity Abd al-Karim Aftan, agents and general managers in the ministry received news agency public opinion, a copy of which on Monday, "I feel happiness and joy when I find Iraqi citizens enjoy the provision of electricity throughout the {24} hours, after it was the subject a dream because of the inherent challenges since the time of the former regime and the emerging situation in the light of our response to terrorism. "
    The electricity in the country is witnessing a marked improvement over the past few days, as confirmed energy parliamentary committee that this improvement is real and realistic and will continue for years to come.
    He stressed that "targeting the electricity sector by terrorists, comes through the importance of electricity involved in all aspects of life, challenge of electricity comes after security challenge, both of which are affected first political stability, which we should all offer through which the interests of citizens on our personal and factional."
    "I always keep in the Council of Ministers to provide full support for the electricity sector and how to improve the image that serve the citizen," pointing out that "there are other sectors as a sector health exposed to such a thing," stressing that "we have taken the necessary measures against those who did so and cause disable the service of citizens within accounts interference in the electoral competition framework, and even to Aigal that the government has managed its tasks, homeland largest component of the cluster and the Shiite or Sunni is much larger. "
    And called on officials and employees of the Ministry of Electricity to "redouble their efforts in the operation of power stations and rehabilitation and work harder to reduce the surplus of electrical power so that the citizen can benefit from it, and to distribute power equitably to all, without discrimination."
    He continued that "the best job in the next budget on strategic projects such as electricity, education and school construction, agriculture and others, in the field of electricity we have directed towards the private sector, and in this framework we have agreed with the two companies for the production of {6000} MW."
    Maliki said, "Just as we need the cooperation of the citizen with the security services to crack down on the killers and criminals, so we need to cooperate with us in the electricity sector through rationalization of consumption and the systematic use as much as needed"

    https://www.alrayy.com/95321.htm

  5. #35
    Economic expert recommends to set development plans through 2014 State Budget

    October 21, 2013.

    Baghdad (IraqiNews.com) The economic expert, Basim Jamil, revealed that ”The 2014 State Budget can be upgraded by setting comprehensive development foundations commensurate with the five years plan (2013-2017).’‘Speaking to IraqiNews.com, he stated ”The 2013 State budget considered as the biggest budget through out history of Iraq and it should includes strategic goals after amending its form to avoid repeating previous budgets.”
    ”The operating budget requires to reduce the purchasing process of vehicles, furniture and buildings and allocate the major part of allocations for investment sector where there should be a reconstruction council run by experts away of influences and interests of political parties,” noting that ”The operating budget should allocation a portion to support the participation of private sector in reconstruction process,” he concluded.

    https://www.iraqinews.com/business-ir...#ixzz2iNiLCBNi

  6. #36
    European official threatens to cut off support for Iraq due to corruption and human rights violations

    21/10/2013

    Baghdad
    threatened Committee Chairman European relations with Iraq will see Stephenson, cut off European support for Iraq because of "the continuation of corruption and the situation catastrophic in Iraq," and said the $ 800 million come out a week from Iraq. said Stephenson in a press conference that "800 million dollars a week out of Iraq, the oil money is the wealth of the Iraqi people, but this wealth goes to Swiss banks and the banks behind the seas to the Government of corrupt corrupt manages situations disastrous and tragic existence of secret prisons, torture and tyranny and executions are the most in the world after China and Iran, and this is not the future that we have made ​​our lives and spent funds for brought to the Iraqi people. " and pointed out that the agreement of friendship and partnership that was signed by the EU with Iraq based on good government, and I do not see any indication of the Government of rational in Iraq so far, "he added," We have economic interests tremendous in Iraq and we are the biggest market in the world more than 500 million citizens and our industries have the desire to invest in the Middle East, and we have the potential to encourage them to it. " and warned Stephenson of the consequences of the continuation of "corruption and the situation catastrophic in Iraq, which could lead to cut European support for Iraq," and said that "we have not seen any indication of the government governance and the end of tyranny and dictatorship looming, Europe will step up the pressure to stop economic aid and deterring European investments in Iraq and this will serve as an economic penalty on the Iraqi government. "

    https://www.almadapaper.net/ar/news/4...B3%D8%A8%D8%A8

  7. #37
    Monday, 21 October 1 / Okrudolf 2013 13:31

    Economist: can be promoted budget of 2014 put the foundations of a comprehensive development
    [Baghdad - where]

    The economist said Bassem Jamil that he "can be promoted budget 2014 through lay the foundations of a comprehensive development and subject and compatibility with the 2013-2017 five-year plan."
    He beautifully told all of Iraq [where] today that "the budget in 2014 is considered the largest budget in the history of Iraq and must attach them our hopes, but after making a radical change in the formulation and that there will be budget goals strategy and not, as happened in previous budgets."
    He added that "the operating budget requires a reduction of the purchase of automobiles, furniture and buildings, etc. The allocation of the bulk of them to invest and that there is a Council of reconstruction has competencies and expertise and specialists in isolation on the effects of the political parties in the disbursement of budgets and allocate a portion of which is also in the private sector contribution to the process of reconstruction of the country."
    He explained that he "could be promoted budget through the development of the foundations of comprehensive development of the existence of consensus between the five-year plan for the years 2013-2017, indicating that it should be subject to and in harmony with the five-year plan to achieve the strategic objectives which works to reduce poverty and unemployment and the promotion of industrial sectors and agricultural to ease the burden on oil revenues and creating Other resources for the budget. "
    The parliamentary Finance Committee announced that the next budget year 2014 amounting to 174.6 trillion dinars, indicating that the bulk of which was devoted to the energy and security sectors.
    The Committee member Magda Tamimi in front on social networking [FB], "The budget of 2014 next reach 174 trillion and 6 billion dinars," noting that "it is distributed by 22 trillion for security and defense, and 38 trillion and 9 billion dinars of energy, of which 11 trillion Electricity, 7 trillion and 9 billion dinars to trade, including 5 trillion for the ration card. "
    The Al-Tamimi added that "the budget allocated trillion and 9 billion dinars for the construction sector, reconstruction, and 4 trillion to the Council of Ministers, and 99 billion dinars for the Presidency of the Republic," and "3 trillion dinars allocated for the agricultural sector and two billion industrial."
    According to a member of the Finance Committee that "the budget allocated 3 trillion dinars to table new salary," pointing out that "investment allocations budget amounted to a rate of 36 percent after it was in its predecessor close to 40 percent," pointing out that "grades will provide to physicians and pharmacists, teachers, judges and internal security forces, in addition to the inclusion of the customizations needed her, "pointing out that he" will install all contracts ministerial and support the purchase of wheat and barley, maize and salaries of public companies, self-funded and pay off the debt, which is the responsibility of Iraq. "

    https://translate.google.com/translat...%26Itemid%3D86

  8. #38
    Privatization hampered?
    Thamer Alheimus,
    Monday 21/10/2013

    Parliamentary and local elections, the number one obstacle to privatization. The proof is that the parliament does not have any prescribed law and the Council of Ministers raise or promoted. Pretext that unemployment will increase after the privatization of companies and government laboratories, which has become a significant portion of them just as close as possible destinations for social care. For electoral purposes, he dared not one of the parties to the political process to address the subject and the even staging manner and study the economic feasibility of substantive. This behavior may be a legitimate democratically and each seeks to voters. When democracy is short-sighted for this class also have objective causes. But on the other hand there are those who say that companies and government projects coefficient thousands of workers and staff and competencies. There must be a way to at least تفعيلهم first stage is self-sufficiency. This, of course, conditional on electricity and switch machines shabby and lost and protect كمركية of products. These conditions outside the Parliamentary Atekz will and the rest of the politicians. The most pressing question, and for how long impasse it is certain that the next session of the Parliament and the window Five-Year Plan (2013 2017) will not be the crossroads between the totalitarian economy and market economy anyway. This Elroy these devices and those tools are intended here first corruption. Since all objective factors ready for privatization of economic feasibility to the potential of the banking sector's financial public or private sectors to foreign investors. But under the laws of the previous era accumulated prevent this and parliament varies between the end of the power and privileges not find a specific economic feasibility has prepared this file and تجهزه to activate because their salaries and privileges are not taxes of this production, but proceeds from the black gold always. So this trend struggling absence and neglect. Unless they have an interest of his evil through a privatization auction may not be ready or aware of it. But the next five-year plan and promising to increase non-oil development and reduce dependence on oil revenues. And this is very difficult in light of the tools as we have no interest of any political grouping in this direction now that invest in foreign trade has become a key focus of the policy and directed the economy and this is not integrated with the industry or agriculture but intersects entirely. Where many of the political class parties are partners in the import process and banking. The unemployment alleged and Hmaatha there is already too many solutions for multiple states passed out and dealt with either electricity, according to the schedule, they will be ready next year. The conversion Vmsrv Rafidain and Rasheed and commercial Agassan Baltrionat. Only one who has an interest in this work, whether privatization or to other to run this industrial or agricultural Quantum is a hero who emerges from the ashes of democracy distorted and distressed. And transient driving toward ethnicities and narrow interests and be our our experience Kmahe the Malaysia or Turkey or Iran as Islamic countries, such as Brazil and South Africa, the new giants of the developing world. Are our circumstances so matured or continue vortex swallow money and people in the service of the regional agenda and we are among the spectators and an accomplice?


    https://translate.google.com/translat...,ctr:countryIQ
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