" The Dinar Daily ", Tuesday, 28 January 2014
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Thread: " The Dinar Daily ", Tuesday, 28 January 2014

  1. #1

    " The Dinar Daily ", Tuesday, 28 January 2014


    Currency Auctions

    Announcement No. (2586)

    The latest daily currency auction was held in the Central Bank of Iraq on the 28-Jan-2014 results were as follows:

    Details Notes
    Number of banks 21
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 190,639,000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 190,639,000
    Total offers for selling (US$) -----

    Exchange rates ( 1,222 MARKET RATE )

    Dollar's exchange rates / in Baghdad markets

  2. #2
    Postponement of reading of 2041 budget draft' due to political differences in Parliament.

    28/01/2014 14:25:00

    Baghdad/ NINA /--Head of the parliamentary Finance Committee MP, Haider al-Abadi, said : " The council decided during the Parliament hearing today to postpone the reading of the draft budget law of 2014.

    He added in a press conference today: "The delay was due to political differences and the reduce of the House of Representatives budget."


  3. #3
    Kurdish MP predicts month for discussing before approving the Budget

    28/01/2014 10:36:00

    BAGHDAD / NINA / Vice president of the Kurdistan Alliance bloc, MP Mohsen al-Sadoun predicted that the discussion on the state budget bill for 2014 in the House of Representatives may take a month before approving it ."

    Sadoun said in a statement to the National Iraqi News Agency / NINA / : "The budget bill will be read today a first reading in the House of Representatives and the political blocs will discuss the budget and show notes, and then it will be read a second reading in the coming sessions , and then it will be sent to the Committees of the financial and legal for finalization to be included in the agenda of one of the coming sessions for vote . "

    He said : "All the political blocs , including the Kurdistan Alliance , have notes on the budget bill . Therefore, talks and discussions among these blocks , will continue for a period of up to a full month , in order to reach a suitable formula that satisfies all parties. "

    It is scheduled the House of Representatives holds a meeting today , which will include voting and reading a number of laws , including the budget bill.


  4. #4
    Muqtada al-Sadr hopes the elections be transparent and be held as scheduled

    28/01/2014 12:54:00

    Najaf / NINA / The cleric Muqtada al -Sadr expressed hope to hold the next parliamentary elections as scheduled and there should not be a delay or postpone for any reason .

    Sadr said in remarks to reporters , after arriving at the electoral station to receive the ballot Electronic card : "We came today for the renewal voters' register and to receive the electronic voter's card and we hope , like other Iraqis , in transparent electoral process, and true democratic process participate by all citizens , for new Iraq fills with security and stability and governed by just government . "

    He added : "We hope that the elections will be held on schedule , and there will not be delay or postpone it, for security or political reasons."


  5. #5
    Parliament approves a bill for amending the Judicial Law.

    28/01/2014 13:26:00

    Baghdad / NINA /-- House of Representatives voted to approve a bill for amending the judicial Law No. 160 of 1979 in a session held earlier today.
    MP Luis Caro told NINA " that the House of Representatives postponed the vote on a bill to conclude treaties later noting that such a bill needs two-thirds of the members of the Council for approval ."


  6. #6
    Breaking News … Parliament session witnesses heated statements

    Tuesday, 28 January 2014 13:14

    Baghdad (AIN) –The parliament session witnessed heated statements over forming a parliamentary committee to observe the performance of the Independent High Electoral Commission.

    Parliamentary source stated "The disputes were among the MPs of al-Ahrar bloc and the Kurdistani Alliance who support forming the committee from one side and the MPs of the Citizen bloc and the State of Law Coalition who oppose forming it from the other side."


  7. #7
    Parliament tasks Legal Committee to observe performance of IHEC

    Tuesday, 28 January 2014 14:15

    Baghdad (AIN) –The parliament tasked the Parliamentary Legal Committee to observe the performance of the Independent High Electoral Commission after its failure to form a special committee for this task.

    Parliamentary source stated to AIN "The political blocs agreed upon tasking the Legal Committee to observe the performance of the IHEC."


  8. #8
    Suhail emphasizes necessity of developing banking system in Iraq

    Monday, 27 January 2014 21:43

    Baghdad (AIN) –The First Deputy Speaker of the Parliament, Qusay al-Suhail, assured that the Iraqi banking system needs to development and legislations in Iraq.

    Suhail media office reported in a statement received by AIN ''Suhail emphasized, during the second global conference of banking held in Dubai, the importance of adopting a developed strategy in the banking system in Iraq and the necessity of providing the suitable environment for investment supported by the Government.''

    ''Iraq has many human capacities that need to be developed in order to keep up with the international development worldwide,'' the statement concluded.


  9. #9
    Parliamentary Finance: Amendment of paragraph petrodollars

    Tue Jan 28 2014 09:20 | (Voice of Iraq)

    BAGHDAD - Baghdad Sahifahalmstqubl / Ahmed Mohamed

    In preparing the House of Representatives to hold the first reading of the general budget bill during the resumption of its meetings on Tuesday, plans to MPs parliamentary blocs of oil-producing provinces not to vote on the paragraph petrodollars, also threatened to resort to federal court to challenge the budget law, if passed without amendment of that paragraph. The MP said Jawad Albzona for "future" yesterday that the deputy oil-producing provinces tend not to vote on the budget unless it is modified paragraph petrodollars.
    He added Albzona that oil-producing provinces recommended against approval of the budget bill and bring it back to the federal government to include the amount of five dollars for every barrel of oil producer and repeater and demanded obliging the government implement the Amendment Act governorates not organized province, as well as an invitation presidency to indicate its position on the delayed implementation of the law, calling on members House to insist on changing the budget and calculating the amount of petro-dollar under the new law, but a member of the parliamentary Finance Committee MP Najia Najib said in a statement seen by "the future," said the Finance Committee reached a modified paragraph of petrodollars in the general budget would include an increase allocations petrodollars of dollars per barrel to five dollars. She pointed out that the House of Representatives will read the first reading of the draft federal budget law during the current week and is expected to be the second reading next week.
    For his part, MP Hussein al-Asadi's "future" yesterday that the government violated the Constitution when it adopted the previous law did not comply with the law No. 21, the rate at which legitimized by the House of Representatives who is serving calculates five dollars to the provinces that produce oil for every barrel marketed them.
    He added that the deputy provincial Asadi will challenge the law in Federal Court for the budget not to amend paragraph petrodollars by the amended law, passed by Parliament.



  10. #10
    Barzani: Proposals Baghdad on oil dispute was nothing new

    Tue Jan 28 2014 05:10 | (Voice of Iraq)

    Erbil: «Middle East»
    Approved Barzani, head of the Kurdistan Regional Government of Iraq, that the formation of the next government of the region «is not easy, as it can not collect all the Kurdish parties that easy in the presence of differences among them». Barzani added assigned by the Kurdistan Democratic Party head the line eighth KRG that his party «presented his proposals for the Patriotic Union of Kurdistan (PUK) and the MDC is awaiting reply», indicating that another round of talks will begin with the rest of the parties to complete all the procedures prudent to form a government.
    Barzani's comments came at a press conference yesterday in Arbil after meeting with a number of ministers and members of the House of Representatives of the Iraqi Kurdish groups. The meeting was dedicated to discuss the differences between the oil Erbil and Baghdad. Barzani said in a speech «The oil and gas law adopted by the Parliament of the region, which is still rejected by Baghdad did not exceed the powers of the region in the Iraqi constitution voted by the Kurds before the others». Barzani and between the United States and European countries «want to reach Baghdad and Erbil agreement to guarantee the rights of everyone».
    The Barzani that the negotiations on the legal oil and gas law distribution of the proceeds held in 2007, and agreed that the important point is that «if the parties come to an agreement on this issue would be to act in this sector independently without going out on the Iraqi Constitution, and yet not gets any agreement, Baghdad remains determined to cut the road in front of the region in the exercise of his constitutional right in this sector ».
    Barzani said that Baghdad calls for the region to hand over oil revenues, and give Baghdad after the region's share of the revenue, that is, the region's share, however, Baghdad, which was rejected by the government of Iraqi Kurdistan. He added that Baghdad «want to put this paper in her hands as a pressure on the region by threatening to cut off their share of the general budget whenever she wants».
    Did not mind Barzani post Baghdad to know «the selling price of oil (...) and even to participate in the audit counters», accused the government of Prime Minister Nuri al-Maliki as «still believes in the mentality of central control and threatening language», stressing that this «language is unacceptable and can not be acceptance by the (...) and will be harmful to Baghdad and the region and the future of Iraq in general ». Barzani stressed that the region «will not waive his constitutional rights, particularly in relation to the oil sector».
    Barzani said that the current situation in Iraq «if not worse than in 2005, which saw agreement on the constitution, it is no less dangerous», stressing that the political leadership in the Kurdistan region «will not accept a return to the back and exploit the resources of the region in the things ear, as The previous governments do against the Kurdish people ». Barzani has made no secret that the proposal last report from Baghdad in order to overcome the crisis «did not come up with something new».
    Barzani and shed light on the history of the region since the fall of the former regime and said «the region was able to strengthen the pillars of the economy and maintain stability, which encouraged investors, tourists and even journalists to come to the region and work and capital investment». He also spoke about the activities of the region diplomatic «in terms of the opening of representations to him in a lot of countries in the world and the opening of diplomatic and trade representations and consulates of many countries in the region», returned evidence that «the world's great confidence in the region».


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