"Evict Maliki " Countdown is 21 Days until the SCHEDULED Election
NOTE: that the countdown notice has been amended to qualify the Election as " Scheduled " to give emphasis to the tenuous state of political / constitutional affairs in Iraq in recent days and specifically the mention in the news of a possible delay in the election due to the Anbar diaspora. Add to the foregoing the " threat" of the election occurring under martial law with Maliki as the chief executive officer.
Because of the continuing differences on them .. Kurdistan are likely not to vote on the budget this week
Conference - Baghdad
He favored the Kurdistan Alliance MP Shwan Mohammed Taha, on Sunday, the inability of the House of Representatives to pass the budget this week, for his absence and the continuing differences on them, saying that a coalition of state law, "Ishvah" image budget.
Taha said for "tomorrow's Press," said that "coalition State law tarnishes the image of the budget by not reveled all the facts and the differences of the Iraqi street, "noting that" the Alliance legislators in every time they go out to the media and talk about the delay of the budget and accuse them of some blocks, including the Kurdistan Alliance they are delayed ', but the truth does not reveal the inside Budget items and disagreements about it. "
"The failure to disclose the truth to make the Iraqi citizen holds views and blocks responsibility for the delay and this is a distortion by a coalition of state law to the image of the budget," noting that "the citizen to know the truth about the budget and the ongoing dispute them and not dragged to the statements that purpose media and determine how the political is not only" .
He said Taha "We do not expect to be voting on the budget bill during the sessions of the Council of Representatives this week, because of failure to resolve the differences between the blocks and the absence of the Kurdistan Alliance for the meetings." Referred to the state general budget for the current year did not acknowledge until now since I sent the government since Nearly two months into the House of Representatives and is awaiting inclusion on the agenda, while stalling the Presidency for inclusion due to the lack of agreement of the political blocs on them. noteworthy that the Parliament and since the beginning of the current session in, the 21 of December 2010 and has so far witnessed differences and incompatibility of many of the laws vital task such parties law and the law of oil and gas and the Unified Retirement Law and the proposed amendment to the election law, as well as the general amnesty law and others, while observers confirms that it is subject to political outbidding and desires of the leaders of parliamentary blocs.
Economists: speculators profit from the sales of “dollar auction” 216 million
Baghdad / Sources showed a competent economic affairs fears of increased sales volume of hard currency with elections approaching, in a scenario happened in the last parliamentary elections, and as confirmed speculation that these huge profits go back to those who lead these transactions, warned of suspicious transactions through an auction sale of the currency.
The sources said that “the volume of dollar sales for the past month, amounting to 4.6 billion dollars, is the largest number of its kind during the past three years,” adding that “this abnormal growth of sales volume repeats such as last parliamentary elections, which took place in (2010).” The sources pointed out that “a repeat scenario with elections approaching demonstrates that there are suspicious transactions behind the auction the dollar, especially since the rate of interest earned by the parties or the party that buys the dollar amounting to 216 million dollars, a percentage of the revenues do not derive any company in the world within one month “.
The sources accused Wills hidden behind selling the currency and buying them, especially since the group Iraqi banks eligibility are buying this size of cash making profits strewn on the heads of decision makers and gatekeepers of the whole process. Sources confirmed that corruption in the sale of the dollar taking place beyond the control of the central bank, and stick to the charges directly to banks that buy the currency.
He was a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi, was charged on February 12, the central bank to take action weakening of the dinar against the dollar, warning call its governor Abdel Basset Turki, the parliament in the event of the continuation of that policy “suspicious.” As promised Association Chirvien Iraqis, in 26 of February 2014, the central bank’s decision inventory distribution outlets of foreign currency in banks own, contrary to the principle of the free market, and lead to a monopoly of foreign currency, and disrupts the movement of goods, and appealed to the bank to reconsider its decision. mentions that a number of owners of companies banking financial criticized In December 2013 the past, the clampdown that followed the central bank and the routine which controls procedures, and argued that they can not approach the office of any employee to ask about the fate of their transactions, and that the Bank lacks regulations in its dealings, and that puts him instructions and controls “harsh and the unfairness “.
Economists assert: Iraq is now eligible to enter the World Trade Organization
Baghdad / Increased the votes to claim Iraq's accession to the World Trade Organization, as part of the phase transformation to the capitalist system and its openness. And fulfill its obligations to the international community made by the same signing of the Charter of the International Covenant.
As he said economic analyst Abbas Ghalibi economic environment that the Iraqi ineligible for entry into the WTO because of the laws that governed which does not keep pace with the evolution of the global economy.
He added Ghalibi in a press statement: "Iraq is not qualified now to enter the World Trade Organization because of its transformation into what is known as a market economy, despite the positive effects that may affect the economy in Iraq if it were to enter the WTO, and that the government has taken a number of measures and controls that facilitate the way for her entry into the WTO including the enactment of important laws contribute to the development of the Iraqi economy. "
He pointed out that "these laws to combat unemployment in Iraq, as well as the fight against inflation, which hit the Iraqi economy during the past period, and to work on the development of the private sector, which could indicate all these reforms that Iraq began to turn into a market economy, which Stahlh to enter the World Trade Organization."
And between Ghalibi, "he must find a favorable environment for Iraq's accession to the World Trade Organization, especially since Iraq observer member in this organization, and that all the current circumstances serve Iraq to join but after it is activated all the laws that will contribute to the first activation of its economy and make it parallel for the global economy. "
For his part, the economic analyst Zuhair al-Hassani, said that "Iraq's accession to the WTO will be a weapon, which is struggling by the entry of the goods shoddy to Iraq." Hassani said in a press statement: "The Iraqi constitution provides for the development of the private sector, which can not be done only with the help of investment global, and therefore, the survival of Iraq outside the WTO will deprive us of the entry of foreign investment for the development of the Iraqi economy, and that Iraq can not be closes on itself because the infrastructure experienced by Iraq in the past were built by companies and sober because of the passage of time it became Mthrih. "
"The Iraqi market is open on all sides, and this thing has caused the entry of goods bad of all States, which is not able to Iraq to take any action on these goods entering for its domestic market, so Iraq's accession to the World Trade Organization gives us the right to fight flooding the Iraqi market goods shoddy from During the regulatory agencies created by the organization in all countries of the world. " He pointed out that "Iraq's accession to the World Trade Organization, which is an observer member which is carried out through economic reforms through the activation of a number of laws to combat unemployment and the fight against inflation in the Iraqi economy and work on the development of the private sector." And between that "Iraq's accession to this organization likely to achieve some advantages such as opening international markets to Iraq and to attract foreign investment and integration with the global economy as well as opening up in front of capital and integration with global financial markets. "
As she analyzed the economic peace Sumaisem, that "Iraq's accession to the WTO will facilitate the integration of Iraq into the global market." She Sumaisem in a press statement: "The Iraq's accession to the WTO will help Iraq to create links with global destinations and major companies from possible for them to create climates of investment for these companies to come to Iraq for investment and the formation of a production base in it. "and pointed out that"
Iraq does not have laws or legal environment in order to join the World Trade Organization, and that these laws are not eligible in order to make Iraq Turning to the economy the market which contain several features the first of which is to join the WTO agreement, which runs Iraq by an observer member. " It showed, that "if he wants Iraq to join the World Trade Organization that it seeks to improve the status of the economy and change the laws that will turn Iraq into a market economy." ARTICLE LINK
BAGHDAD - (Special) Uday Hatem * Iraqi Prime Minister Nuri al-Maliki (is preparing) for a possible departure, despite his assertion that he would not give up, and intends to proceed towards the renewal of his mandate.
Maliki faces a crisis of local, regional and other pay for the preparation of irreplaceable ensure his safety, attempts by political vendetta, or legal prosecution.
According to Iraqi sources for "toss" that al-Maliki agreed with his coalition "rule of law", and the top leaders of the Islamic Dawa Party, to be a replacement for the position of prime minister, the office manager Tarek Najm.
The sources added that "this does not mean that al-Maliki surrendered to the status quo, or that he does not wish to renew his mandate," asserting that "al-Maliki will run to a third term."
The sources indicated: "If al-Maliki found strong opposition from other political blocs, and neighboring countries, and the United States, it would be required to accept the office manager Tarek Najm substitute for it, and give him a position of vice president in exchange withdraw his candidacy to the prime minister."
She noted that "al-Maliki feared political retaliation, and the prosecution, where he does not trust the members of his party, with the exception of Tariq star."
The sources said that "al-Maliki believed that nothing will guarantee his safety only this procedure."
And Iraq is going through a difficult phase of the turbulent history since more than a decade, is diminishing every day spaces optimism to achieve political stability, including withdrawing entirely on security and stability, and economic, and the start of construction traffic and growth, which it needs.
Stands differing visions, goals and interests, and links in front of opportunities restore cohesion and trust between the parties were part of the political process, so that the religious leaders and religious are more parties to a directive of the criticism of the political elites in both the Iraqi cabinet or in the House of Representatives because of the outcome of the situation of the country.
The Iraqi politicians that al-Maliki began to lose all his allies adult, "it is not a case of d with the Supreme Council, and not so well with the Sadrists, and did not calculate any account of the possible reaction of this trend being described their spiritual leader, Muqtada al-Sadr Balogr modern politics." .
The al-Maliki in the case of political rivalry with Sunni parties, which see it as a case of exclusivity dictatorship, specifically with the outbreak of the crisis in Anbar, according to these.
The data indicate local Iraqi, that al-Maliki, is in crisis rife with the Kurdistan Alliance, at a time when analysts say that members of the state law, "pour oil on the fire's remarks raise prejudices hostilities against the Kurdish people, and you are trying to spread the spirit of selfishness and greed, and misconceptions when citizens."
At the international level, these stresses, that al-Maliki was "not in sync with most of the regional countries, which seemed like a no fear of venturing visited his lukewarm reception, or perhaps fear of apologizing for his reception, as did Saudi Arabia when he apologized to the king that is occupied."
Law: untrue to nominate a substitute for Tarek Najm al-Maliki
Denied a coalition of state law to nominate Tarek Najm Director of the Office of Prime Minister Nuri al-Maliki, a substitute for prime minister for the next stage in the case was rejected by al-Maliki other political blocs, pointing out that all the talk about how things just speculation, but not political.A member of the Coalition MP Sadiq gum told ((eighth day)), that "all of the talk about the distribution of positions or something like that is just speculation and analysis of some politicians not only, indicating that it is too early to talk about the shape of the next government before parliamentary elections" .He added Laban, "The elections will determine the winner of the cluster secreted, indicating that a coalition of state law now heading towards the political majority government, if it has achieved this requirement will choose the current Prime Minister Nuri al-Maliki for a third term.He frankincense that al-Maliki is the candidate of the coalition's first prime minister, and all that is said of speculation and analysis on the presence of the candidates other whether Tarek Najm or other untrue and not realistic, adding We are waiting for the elections, because it will be the final word.
Maliki fears the issuance of an arrest warrant against him and will retire from politics if the election failure
Palm - revealed a Kuwaiti newspaper, Prime Minister Nuri al-Maliki's fear of an arrest warrant issued against him in the event of failure in the next parliamentary elections, noting that he had told his associates he will leave Iraq and retire political action in the case did not constitute a coalition of state law, the next government.
The newspaper quoted "a leading high" in the National Alliance, as saying that Prime Minister Nuri al-Maliki, Sarh some members of the ring surrounding it, he feared that the next government, which formed after the parliamentary elections the end of next April, issuing arrest warrants against him on the back of issues related to the ministers corrupt of the coalition and the politicization of the judiciary and its use against his opponents, perhaps indicating that al-Maliki has reached threats in this regard and probably stream of Shi'ite cleric Moqtada al-Sadr, who has succeeded in forming a new government in partnership with the tide of Shiite leader Ammar al-Hakim.
The newspaper added that some of the leaders in the Shiite alliance asked al-Maliki for his political future, he stressed that if lost in the parliamentary elections in a manner not able to form a new government would consider it seriously to quit politics and resign from the presidency of the party "call" and perhaps leave Iraq.
He pointed out the leadership, according to the newspaper that al-Maliki disclosed figures trusts her that he can not imagine himself in the position of non-prime minister, because some of his Shi'ite allies probably suggested that he take over as sovereign if it is subjected to the electoral defeat, but he did not welcome the idea and criticized strongly, so there The man with a strong sense that he would be the subject of sharp disagreement in the case before assuming the position of a sovereign such as the Ministry of Foreign Affairs in the next government, because the opponents of Sunnis, Kurds and Shiites will not accept it.
He pointed out that some of the discussions that took place between al-Maliki and the ministers close to him as Minister of Transport Hadi al-Amiri, stating that men feel too discouraged, because he was accused of sectarianism and may have erred in some of the policies and decisions that have left the impression that he acted Bta˙fah, but that at the same time does not feel remorse He is convinced that a non-sectarian has taken its exceptional patriotism in defense of the Constitution.
According to information, leader of the National Alliance, the "al-Maliki is expected to take place next government, large-scale changes and a large and important positions in the security and military cleared of loyalists to the prime minister, and start a new way to manage the security file, the better, and the Office of the Commander in Chief of the Armed Forces will be canceled because it was Maliki of innovation, and there are a lot of Shiite politicians they consider contrary to the Constitution and the headlines of the dictatorship of the prime minister. " ARTICLE LINK
The Central Bank put the icons in the currency to help the visually impaired to know
Baghdad: the Iraqi currency has experienced in the last edition, adding new icons of small groups was a code (00) in the category "five hundred" and the symbol (0) in the category "250 dinars" circulating among citizens, with all bankers that new addition included in assisting the visually impaired to distinguish them from the rest of the coins, while others went to the codes developed to prevent forgery.
Member of the Economic Committee, said Parliamentary Deputy Abd al-Husayn abtan told of "the future" today to add this symbol to the currency is the competence of the Central Bank of Iraq on the process of issuing currency and protection, but at the same time adding new icons within the process of fortifying and protecting the currency from counterfeiting.
The Economist said Majid mock of "future" (Sunday) that the Central Bank is the competent authority for issuing currency and protect it from fraud, considering that the new additions in the currency category "500 dinars, 250 dinars" within the Central Bank's policy to protect the currency from counterfeiting and forgery.
Central Bank: the new banknotes signed a conservative proxy Abdel Basset Turki!
Iraqi Central Bank announced on Tuesday, for reprinting the Iraqi banknotes with pictures of new and more protection, and as pointed out that the currency will continue to be traded now, confirmed that the new currency will help the blind to see the value of these categories.
The bank said in a statement today, he was "re-printing the new series of banknotes of Iraq and the currently circulating pictures of new and more protection, using a good quality of printing paper, with the inclusion of the two dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdul Basit Turki Saeed, with the addition after signs security ", noting that" the current banknotes will continue to be traded with the new will not be pulling rolling them now or in the future. "
The statement added that "the categories of the 250, 500 and 1,000 dinars were added signs of a new security upon which bristles color visible and invisible signs circular for the visually impaired (blind), in addition to coating banknotes paint shield to protect it from dust, as well as a string ensure width of 1.2 mm."
The bank noted that it "has been added capillaries colorful visual and non-visual classes 5000 and 10,000 and 25,000 dinars, and signs for the visually impaired and coating to protect it from dust and thread bar for protection with a picture of the Palm and Animations and colors changing different for different denominations of the three," indicating that "it was adding a high protection know Bspark globally. "
The bank said that "it was to change the image in the Arab world, al-Hasan ibn al-Haytham in the paper category of 10 thousand dinars to the image of the Freedom Monument in Baghdad artist Jawad Salim, in addition to modify the image of agriculture and the field in the category of 25 thousand dinars, which will be charged farming pitcher of water appears behind a tractor plowing New Earth. "
The Iraqi Central Bank announced in November 2013 its intention to issue coins and other small denominations of paper with large segments of the category of 50 thousand dinars, written in Arabic and Kurdish.
The Central Bank of Iraq was established as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies. ARTICLE LINK
Analysts: 2014 elections are a referendum on the rule of al-Maliki and political fragmentation will delay the formation of the next government
Wed Apr 09 2014 04:01 | (Voice of Iraq
o translation / range Ú
Conduct the next round of parliamentary elections in thirty-April 2014, this election will be more than ever a referendum on the rule of Prime Minister Nuri al-Maliki.
I've lost the list of "state law" some support in the ballot in 2013, and it seems that a lot of rivals, specifically mass citizen, led by Ammar al-Hakim and the Liberal bloc led by Muqtada al-Sadr, pose a direct challenge to the Prime Minister.
On the other hand, seeing the Kurdish parties and the Sunni lot of fragmentation, more importantly, the vote is months negotiating track in order to determine whether Maliki will remain in office for a third term or not, for the purpose of helping to clarify the situation, showing a group of monitors Iraqi affairs, their views on what is Predictably, this group include:
Michael Knights - from the Washington Institute for Middle East Policy
Although there are certain things we do not understand completely - most notably Iran's position of a third term for the owners, or the opinion of the Shiite religious establishment in Najaf - the most indicators suggest the electoral performance of the solid state law.
It seems that the Supreme Islamic Council lacks confidence and this is due to the way that played out Maliki crisis of security in his favor, while the Sadrists, they are in a state of chaos, as the Sunni Arab blocs seem ripe for fragmentation after the elections and is considering actually how marketing support for the third term of the owners.
Kurds enjoy considerable influence only in the event of a close contest between two rival Shiite prime minister, which may not get if current trends continue.
Therefore, al-Maliki enjoy the benefits of driving more blocks coherent before the election with this, it is likely to be a process of forming a government intractable and take longer than it took the government in 2010, the results are in dispute, and it appears that the parties did not think the formation of alliances many pre-election and instead chose to test strength and then the correlation Bechtel other takes extra time to form a government.
Also, the process of deciding on the rules set ministerial positions may be long, especially if he has sought or other to a new type of government in which the prime minister is seeking to continue in the roles of technocratic or certain security.
On the other hand, may seek new prime minister-elect to choose candidates for the ministries of menus instead of the parties appointed to fill bags winning blocs.
Bargains basic about ministries - between the blocks and within - will take a long time at best, and can add local governments to the mix to further complicate things, and if it became al-Maliki is the new president-elect, he will not hurry to end the interim period where it is likely to work full powers where There are not a lot of control over his authority.
Douglas Oliphant - from the New America Foundation and the International Mantd
April elections will be charged the next great promise, however, that the fulfillment of these promises remain open order. Oliphant sees two possible outcomes to this election: the optimal result is that trying to state law (which may get many of the seats) to form a majority government - which means not to invite third parties to participate in the government, but to become the opposition.
If you have followed this course of state law, the mast immediately contact one of the Sunni-based parties to form the nucleus of the new government and the addition of small parties (including all or part of the Kurds) until they reach the two-thirds majority required to choose a president of the republic.
Selecting a president - in any scenario - Sichapk with haggling over choosing the head of the parliament and the prime minister, we'll see whether the Kurds are able to protect the presidency as of entitlement to being part of a unified Iraq.
In any case, it is difficult to overestimate the size of the two-thirds majority requirement for the formation of a functioning government, but if you are over the course successfully, the formation of the government will be relatively fast.
Further, to achieve the two-thirds requirement, it is likely that Iraq once again forced to settle for the formation of a government of national unity, so that the formation of the government could reach the end of the year or the beginning of the following year. What will increase the difficulty of forming a government this time is the weakness of political parties makes sounds Single, unlike the 2010 elections, the large blocs become smaller this time, leaving the political space great for the bargains after the elections, come this election in the critical period with the leak of the conflict from Syria, which exacerbating security problems in Iraq, and with the rigidity of the Iraqi parliament and the inability to cope with the problems of the country, but hope remains that exists despite the less than favorable attitudes than it was a year ago.
Professor Haider Hamoudi / Faculty of Law, University of St. Petersburg
What strikes me in regard to the upcoming national elections is how small the various political movements in exposing the opportunities and challenges of scale.
This year decided to every element of the basic components of alliances for the elections to go on the unit except for the Kurds who remained a cohesive political unit so that the alliance can not change the opposition access to the electoral strength of the Kurdistan Alliance.
Will go through a period of months after the election before it could agree on a coalition government is formed, the deficit will worsen the current Parliament has been growing over the division of the Arab - Kurdish. For my part, do not rule out the seriousness of Moqtada al-Sadr, since it after his withdrawal from politics will resume the use of violence on a large scale.
The small political alliances open the door to newcomers and new alignments may be the kind of non-sectarian.
Harith Hassan / contributor Almonetr
The main issue that you think of the big parties is whether al-Maliki will remain in power or not, did not give any of them a clear vision in the face of major problems in the country.
Competition within the community will affect the election campaigns, where most of the major groups prefer to be involved alone is aware that the largest bloc can be formed after the elections.
Although the Sadrist bloc and the Alliance Hakim participating separately, it is very likely alliance after the elections, especially if they feel that such a move will help prevent al-Maliki to win a third term.
After al-Maliki realized this, he focuses Strutijeth to win the largest number of votes of the Shiites and the Shiite leader appears undisputed. In the negotiations after the elections, there will be a difference between whether Maliki is a Shiite half of the votes or 60% in the majority report of influence.
After the collapse of the Iraqi List, will be voting Sunni bounding fragmentation Although the (united) is expected to be the largest Sunni group, it is not clear how much will be the size or ability to represent the component.
The most likely not going to win any party a majority and there will be a long negotiation and escalation of political tension at the same time. It is not likely to be agreed on in the negotiations or scenario to scenario caretaker government for a long time and without legislative oversight, which would benefit the owners.
Professor Babak Rahimi / University of California, San Diego
With the withdrawal of the resignations of nine of the members of the Electoral Commission for elections, it seems that the Iraqis are ready now to go to the polls on April 30 with the participation of 276 political entities in the elections, it seems that the project of democracy after 2003 on the right track, but is it really on the right track?
In light of the tensions between the State of Law coalition and the Sadrists and the Supreme Council, the policy of the post-Baath more divided than ever.
It seems that the ambitious president of each faction is access to power, at the same time, the failure of Sunni Arabs in the formation of the block Tzllahm to compete with the Shiite factions have contributed to the current sectarian polarization with a sense of Shiites from all factions of confidence in the lack of involvement of Sunnis in the political process.
A month before the day of the elections, the regime turns to chaos and to more authoritarianism, has established the upcoming elections democratic political system seems to turn it into a practical system in which a lot of bugs due to promote competition within the community.
As a result of the chaos of the referee, turn-Maliki administration to administration, especially with the military conflict in Anbar and the arrest of a Sunni lawmaker Ahmed al-Alwani, who revealed arranged attempt to undermine the arrival of the year to power.
While it seems Parliament is unable to pass the budget, the Kurdish factions do not seem interested in compromise, and may reveal the parliamentary elections in 2014 Iraq is heading towards sectarian partisanship with the fact that al-Maliki, the most powerful man and the likelihood of survival for a third term in office.
Kamal Jomana / journalist and contributor to the Kurdistan Tribune
The next parliamentary elections crucial because of conflicts between political parties, which can not be other than elections to decide in which direction is going these conflicts, what makes elections more important is that all political parties, including Sunni, Shiite and Kurdish, trying to put an end to the wishes of the authoritarian to the owners, but it is clear Maliki will win.
The overall election will be about al-Maliki, it's more like a referendum on the al-Maliki, the Iraqi people liked the strong political roaring against his opponents and make decisions without indifference to what he says rivals, the people vote for personal and not for a political party or political candidate.
Because al-Maliki becomes more authoritarian and cruelty against his rivals, he would get the most votes, and despite the absence of the Maliki government, good public services or security situation is good, the more Iraqis believe that his rivals can not reach the level of performance.
Maliki lucky because his rivals are not strong or united to defeat it until after the election I do not think that any alliance can put an end to his desire for a third term.
Ahmed Ali / Institute for the Study of War
April elections will be a moment of life or death for senior politicians, will face Maliki big test for the healing of the results of the provincial elections in 2013, Parliament Speaker Osama Najafi will face the challenge of ensuring the political leadership of the Sunni ongoing in the division and will seek Maliki's opponents to oust him, or at least restrict his authority if he could guarantee third term.
It's crucial elections for Iraq in its struggle with the ongoing violence carried out by the group Daash and Shiite militias, the results will have far-reaching effects on social structures, political and economic development in Iraq.
Iraqi civil banks: central bank does not provide only one-third of the needs of the market and the dollar succumb to political pressure and media
Long-Presse / Baghdad - Accused the General Authority for the North Bank for Finance and Investment, on Sunday, the CBI not to meet the needs of the Iraqi market of hard currency over the past five months and the transfer of that rests with the private banks, while confirming that Iraq needs to pump nearly 300 million dollars in the market daily to meet the needs of the currency in the currency when he criticized the central bank promised to these statements as an attack upon and "stems from ignorance and lack of knowledge of monetary policy."
The head of the board of directors of the North Bank and the Investment and Finance Nawzad Daoud dry in an interview to the (long-Presse), "The Central Bank of Iraq has failed to meet the needs of the Iraqi market of hard currency for more than five months," noting that "more than optimum needs met by local banks as great upheaval happening between merchants and banks. "
Between dry and that "a large part of politicians and central bank officials contend that the needs of Iraq's hard currency ranging from 85 to 90 million dollars per day, but in fact the market need to more than 250 and up to 300 million dollars a day."
The dry that "these words did not come without documents or evidence," explaining that "most citizens of the Iraqi dinar currency replacing the dollar and signs of this one need to market the dollar."
The President of the Board of Directors of Bank of the North, which is one of the largest Iraqi private banks to "shorten the central bank to provide hard currency and lack of commitment by the government policy of free market happen confusion in the market," but he added, "but we are a source of merit in terms of saving money for our resources, high of deposits and financial strength in this field. "
The Department of the North Bank announced at a conference held by Snoop on Saturday that its profits in 2012 amounted to 68.813 billion Iraqi dinars, which is the highest in recent years among the general Iraqi private banks, which have increased in number to 35 banks, and confirmed that the deposits amounted to 1.604 trillion Iraqi dinars.
Promised dry that "the actions the central bank was probably coming after a wave of political pressure and media," stressing that "private banks are not in need of financial support from the government but they need moral support and to maintain its integrity banking and open the doors to them to deal with foreign banks better."
The deputies, politicians and economists accused the Central Bank of Iraq over the past months to burn "an average of four billion dollars a month in an auction of hard currency for the benefit of ten banks, most of them with capital Gulf, buy a day most of the claims of the central bank's hard currency and make a profit on the overcharge up to 6% including them control of the Iraqi economy. "
For his part, said a member of the inspection department at the Directorate General for banking and credit control in the Central Bank of Ali Mahmoud said in an interview to the (long-Presse) that "the opinion of the North Bank policy of the central bank serves as a launching an attack on the bank," noting that "the reasons for this campaign is the lack of understanding monetary policy and what is known about monetary policy. "
Mahmoud added that "in recent years after 2003 were given to private banks complete freedom after the lifting of the benefits and the emancipation of commissions and these things are positive things for these banks."
He said Mahmoud, "but that some shareholders bankers ignorant just looking for a profit without the knowledge of the rest of the things," and accused them of being "think profit pure without thinking about the risks to banks," noting that "the role of the central bank is to reduce these risks and to follow the monetary policy and its path forward or retreat. "
And Iraq's cabinet decided on (16 October 2012), assigned to head the Office of Financial Supervision Abdul Basit Turki functions of the central bank governor and the agency rather than the former Fed governor Sinan al-Shabibi on charges of issues of financial and administrative corruption in the bank, especially in operations Auction dollars, but the something that did not occur to the work of the bank and currency auction whereas the Iraqi dinar exchange rate against the dollar, a big drop since jumped from 1170 dinars to the dollar in the fall of 2012 to 1270 dinars to the dollar in April 2013.
The Fund said in a report issued in (21/03/2013) Following the end of the consultations held in Amman between a delegation from the Fund and the Iraqi delegation headed by VMware Planning Ali Shukri, and seen (long-Presse) it "an improvement in the financial sector", but stressed that what still "need greater efforts by the central bank to revise monetary policy tools and strengthen banking supervision, and to accelerate the restructuring of the banking system."
He called on the International Monetary Fund Central Bank of Iraq to "take measures towards a gradual liberalization of foreign exchange offer through auctions held by the Bank so as not to repeat disorders suffered by the financial market in the past year."
UNFPA emphasized that "the establishment of a banking system nationalist requires the abandonment of the current model, which is controlled by the weak banks owned by the state, which enjoys preferential treatment distinguish them from private banks," calling on Iraq to do to strengthen its institutions of public finances to ensure efficiency and transparency in the use of oil revenues. " ARTICLE LINK
Integrity government is demanding the recovery of the money smuggled
Baghdad (Iraq) / Demanded the Parliamentary Integrity Committee Iraqi government to follow up file money smuggled out of the country and recovered, as well as the arrest of thieves (or officials were ordinary citizens).
The MP said Osman Algehiche told the "future" yesterday (Tuesday) that he has to be that there is coordination between the Iraqi government and the governments of the countries where looters to retrieve Iraqi funds looted and smuggled out of the country, stressing the need to find international conventions dealing with the prosecution of thieves money from officials especially those who hold more than one nationality or passport, referring to the former trade minister Abdul Falah al-Sudani and former Electricity Minister Ayham al-Samarrai.
The student Algehiche the Iraqi government to activate the initiative of the World Bank and the United Nations, which was launched earlier and that makes it easier for governments in developing countries restore looted funds, as the fall of this initiative state immunity political or diplomatic about thieves and smugglers, money, and stressed the need to activate it and translate it on the ground and chase officials muggers likes of former trade minister Abdul Falah al-Sudani and former Minister of Electricity Ayham al-Samarrai and Defense Minister Hazem Shaalan, the former, in addition to a number of staff in some government departments who were able to misappropriation of funds and smuggled out of Iraq.