The Dinar Daily, Tuesday October 28, 2014 - Page 2
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Thread: The Dinar Daily, Tuesday October 28, 2014


    
  1. #11

    Urgent .. presidency of the parliament will meet tomorrow with the blocks for the sel

    Urgent .. presidency of the parliament will meet tomorrow with the blocks for the selection of heads of permanent parliamentary committees



    {Baghdad: Euphrates News} held the Presidency of the Parliament on Wednesday held a meeting with heads of political blocs to choose a permanent heads of parliamentary committees.
    According to a parliamentary source told {Euphrates News} that "the Presidency of the Parliament will be held on Wednesday a meeting with the heads of political blocs to choose a permanent heads of parliamentary committees."
    The Committee of Seven, headed by the Second Deputy Speaker of the Parliament of Syria, Sheikh is responsible for the formation of the standing committees of the parliament and was scheduled to be selected after three days of the formation of the committees, but not now choose to have the heads of a few weeks after the passage of ".anthy


    https://translate.googleusercontent.c...WicQgG9HK4Tbxg
    Last edited by AR Transplant; 10-28-2014 at 09:42 PM.



  2. #12

    Claims against the inclusion of employees and retirees policy of austerity salaries

    Claims against the inclusion of employees and retirees policy of austerity salaries




    BAGHDAD / JD / .. Despite an increase in Iraqi oil production, but the drop in world oil prices has raised fears of Iraqi economists, the fact that the national economy is dependent on oil revenues, which prompted the Iraqi government to implement austerity asylum policy in order to save the Iraqi economy.

    Asked a number of experts and specialists in economic affairs, the implementation of the austerity policy to all ministries and state institutions by minimizing non-essential expenditures, calling their talk Agency / JD / Iraqi government not to include employees and retirees salaries austerity, he will affect the standard of living of citizens.

    Economist Hamid al-Moussawi, said that the continued drop in oil prices in world markets, will lead to an economic crisis, which will force the Iraqi government to implement the austerity policy of reducing expenses, especially in the operating budget.

    He said al-Moussawi told / JD /: "All countries in the world when the economies affected by the crisis Tltja to implement the austerity policy, which includes a reduction in disbursements is necessary in the state, and this is a quick and effective treatment for Iwo face a financial crisis or economic."

    He pointed out: that the government must take a quick step to complete the requirements of the budget, as well as in order to take the project the way for implementation, and the abolition of departments and institutions is necessary, and there are a lot of them, and begin the austerity of the officials and the heads of the three deputies and down the offices of the cabinet and then the House of Representatives ".

    For his part, the parliamentary finance committee member Jamal Joker, that the austerity policy to be applied by the government will have positive effects for the Iraqi economy if applied in accordance with the Platform for orderly and thoughtful, warning of the inclusion of the salaries of employees and retirees of this policy being will affect the standard of living of citizens.

    Joker told / JD /: "The committee put forward a proposal to the government to reduce unnecessary expenses for ministries such as buying cars or furniture, as well as deputations, because the annual ministerial expenses up to a fictional figures unbelievable."

    He continued: "as well as the fight against financial corruption in all government departments and this will enable the state of the Iraqi economy and not to influence any crisis, whether the decline in world oil prices or unable to export petroleum and so on."

    In the meantime, the parliamentary finance committee revealed that "austerity policy to be applied include excess and a few important expenses, because fiscal policy in Iraq has no vision, and there is a great waste of public money, because of corruption, as well as deputations and Aldiavatt unjustified", noting that he "Within the next week, the budget will be discussed in the Council of Ministers after the formation of a ministerial committee to reduce the deficit."

    The Chairperson of the Committee said in a press Magda Al-Tamimi: "The cash balance includes cash that has been spent in the previous months, a statement, and expected cashed in within the next two months," noting that "the budget over time turned into a budget" .


    https://www.dananernews.com/News_Details.php?ID=5253
    Last edited by AR Transplant; 10-28-2014 at 09:44 PM.

  3. #13

    Parliamentary committee calls for the central bank to implement deletion of zeros ear

    Parliamentary committee calls for the central bank to implement deletion of zeros early next year





    BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency.

    A member of the Committee MP Jamal told Joker / JD /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."

    He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".

    He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market."

    The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years.


    https://www.dananernews.com/News_Details.php?ID=5252
    Last edited by AR Transplant; 10-28-2014 at 09:47 PM.

  4. #14

    Oil Ministry: there are efforts from the federal government and the Kurdistan region

    Oil Ministry: there are efforts from the federal government and the Kurdistan region to resolve oil dispute





    Khandan -ali Nagy announced the Federal Ministry of Oil, the existence of efforts by the federal government and the Kurdistan Regional Government, to resolve the oil between the two sides dispute. He said ministry spokesman Assem Jihad told the "Khandan" that "there are efforts by the federal government as well as provincial government clear through the actions of the parties and reaffirmed to end the oil dispute between them, "adding," We hope that things are going towards resolving all outstanding including oil View problems, with the development of national interest above account. " On whether there was a planned visit to the oil minister of the Federal Adel Abdul-Mahdi to province Kurdistan, in order to discuss with the provincial government over differences relating to the export of oil, Jihad said that there is no information about a planned visit to the Minister of oil to the region.

    https://www.xendan.org/arabic/drejaa....ara=3867&Jor=2
    Last edited by AR Transplant; 10-28-2014 at 09:50 PM.

  5. #15

    Deputy for the citizen: the current year's budget will be based on actual spending to

    Deputy for the citizen: the current year's budget will be based on actual spending to financial management and public debt





    Iraq , Baghdad

    MP ruled out for the citizen Faleh block sari to be there is a general budget for the current year.

    The sari: "The difficulty that there will be for the current year's budget because it was left of the end of the year only 60 days, and even if I arrived to the Council Vststgriq read and then published newspaper facts of Iraq more than 60 days, so it is very difficult that there will be for the current year's budget." .

    He added that the force "will be the current year's budget actually spending for the remainder of this year based on the financial and public debt management.".

    https://www.almustaqbalnews.net/171375
    Last edited by AR Transplant; 10-28-2014 at 09:53 PM.

  6. #16

    Kurdistan could cover expenses at the end of the year from the sale of oil revenues

    Kurdistan could cover expenses at the end of the year from the sale of oil revenues




    Twilight News of the Kurdistan Regional Government of Iraq / said Tuesday that the region's oil export revenues could fill the need for local expenses by the end of this year.

    He said government spokesman Sven Dzia in a statement to the local site Basenyoz seen by "Twilight News" that the region continues to export oil from the fields to world markets.

    He predicted that exports exceed 400 thousand barrels per day by the end of the year of 250 thousand barrels per day at the present time.

    He pointed out that the sale Dzia oil revenues will cover a lot of government spending, both with regard to the salary or the budget in general.

    The region suffers from a financial crisis after the federal government cut its share of the state budget due to disagreements on the export of Kurdish oil.

    Sources in the oil industry officials Monday that the Kurdistan Region plans to increase pipeline capacity extends to Turkey to 700 thousand barrels per day after the development work.

    Kurdistan Regional Government went ahead with the expansion of the oil pumping energy plans, ignoring opposition from Baghdad to do the region to export oil.

    And began the line that connects the port of Ceyhan region at the beginning of this year to run which angered the federal government in Baghdad, which says it is the sole owner of the management authority of the Iraqi oil.

    And describe the Baghdad oil shipments from the region as illegal and resorted to US courts to prevent the unloading tanker off the coast of Texas earlier this year.

    She says that the government of Kurdistan Iraqi constitution allows it to export such shipments.

    Turkish officials said that it was exported 19.2 million barrels of oil through the port of Ceyhan was deposited about 400 million dollars in the bank of the Turkish government's creation of the proceeds of the sale.


    https://www.kululiraq.com/?p=91890
    Last edited by AR Transplant; 10-28-2014 at 10:01 PM.

  7. #17

    Specialists say the Government supports Islamic banks despite the loss of law regulat

    Specialists say the Government supports Islamic banks despite the loss of law regulating its work




    Tomorrow press Baghdad bankers and specialists, confirmed Tuesday that the Government supports and dealing with Islamic banks, despite the absence of a law regulating work, shown that this is erroneous

    Banking expert, says Iyad Ussher Hussein for "tomorrow,", "no government financial law regulates banks, so that the work of those banks in which many questions about how to attract capital and how to deal with the projects", stating that "the State Council initiated a draft Bill which includes studies for the preparation and organization of a mechanism governing the Islamic banks, but these studies are still under discussion and does not resolve".

    He adds that "each Bank of Islamic banks currently works as the controls according to each bank's Shariah as each bank follow Islamic religious law prohibits the kind of mechanisms and initiate another type and allow the circulation of a bank line and prevent another such place so far in most Islamic banks operating in Iraq."

    As Managing Director of United Bank, Sanchez, confirmed for "tomorrow" it, it "cannot conclude that Islamic banks operate degrees than commercial banks being the first it newly in Iraq and secondly that the capital cannot reach the capital funds of commercial banks which started since 1994 and this is something unreasonable."

    Aziz recalls that "commercial banks could not deny the existence of Islamic banks in the banking business, and evidence that some Government and commercial banks are now starting to open the Windows of the Islamic banks to the customer's requirements that some customers require that funds under the Islamic banking mechanisms."

    Aziz was following "the success of the work of the private banks, whether commercial or Islamic is the size of the profits and deposits and compare them with other banks that still register earnings could prove that the Bank estimated the manage its money and how to support the private sector in General."

    Islamic banks, for its part, recognized the lack of a law regulating work and is waiting for the appropriate legislation it advocates a policy of work by economic sector in Iraq.

    Says Managing Director of the country's Islamic Bank, Iyad al-Bayati for "tomorrow's press", that "there are instructions number 6 in 2011 and the revised content of the amendment had the support of Islamic banks and financial and banking and is now held by the State Council," Noting that "this modification is not enough so that there should be legislation on Islamic banking being different from commercial banking in terms of dealing and banking deposit and withdrawal method, up to the implementation of the projects supported by the EIB in General."

    Bob explains that "Islamic banks have supported infrastructure projects focus various sectors working in Iraq," Noting that "such projects are documented and true began in Nineveh to Basra and in various sectors such as housing and Exchange alserhiy and other infrastructure projects."

    As Managing Director of the Bank of Islamic Economics, Sadek Al-shammari shows for "tomorrow's press", that "there is a consensus by all Islamic banks and Windows in State banks to work in one box near the international banking sector, through joint programmes of work in the Organization of international conferences and seminars to assess the performance and expand to include all parts of the world", as well as to create partnerships between local and international banks to promote experiences that contribute to building the global economic and financial architecture ".

    Shammari confirms "the departments of Islamic banks and Islamic banks Association plans to establish a training centre specializing in the training of staff through the adoption of best global programmes developed by the supervision of local and international experts in order to interact with the family International Islamic banking."

    Shammari draws "the Association of Islamic banks looking to enter a new economic channels, targeted and dynamic so you cannot install elements of Islamic banking more than this making it to many parties", stating that "their success at the regional and international level that no one can be denied or ignored, which is reflected in the sheer volume of assets managed by the Bank, which reached up to 700 billion dollars is expected to grow the size of its early 2016 to reach the borders of four trillion dollars and a growth rate of 35 Percent. "

    Says a member of the parliamentary Finance Committee Haitham Harish for "tomorrow," "the Islamic banking has achieved major successes in Iraq, because of the nature of Iraqi society that mostly Muslims," adding that "the Muslims of Iraq in particular have great religious and ideological commitment and fear many things, especially in the investment of funds as a result of financial interest on the money."

    He adds that "Islamic banks now has excelled largely on commercial banks directory it started spreading widely across the country, because these banks granted loans without interest rates, most citizens and even venture capitalists a funds prefer Islamic banking without the other".

    The number of Islamic banks increased to 600 banks scattered in 57 countries, equivalent to one third of the world.

    Islamic banks are like other banks to provide the community with the necessary resources, but a special approach of all legitimate Bank in order to raise critical for customers who want to deal with the banks, according to Islamic principles.

    https://www.microsofttranslator.com/b...25B5%25D8%25A7
    Last edited by AR Transplant; 10-28-2014 at 10:06 PM.

  8. #18

    Central calls for the inclusion of a paragraph install literacy teachers in decades M

    Central calls for the inclusion of a paragraph install literacy teachers in decades Muiznh 2015





    BAGHDAD / obelisk: Central Bank demanded, on Tuesday, the inclusion of a paragraph install literacy teachers Muiznh decades in 2015, with the intention of the governor denied the bank to invest its reserves of currencies and gold.

    Central said in a press statement received "obelisk" on a copy of it, he "demanded the inclusion of a paragraph install teachers erase decades of illiteracy within paragraphs of the budget in 2015".

    In the context of a separate statement said that "the Central Bank governor denies intention to invest its reserves of currencies and gold, with the goals of the reserves of the Central Bank and the law."

    https://almasalah.com/ar/news/40545/%...A-%D8%B9%D9%82
    Last edited by AR Transplant; 10-28-2014 at 10:08 PM.

  9. #19

    Central Bank eliminates fine interpolation to replace damaged currency

    Central Bank eliminates fine interpolation to replace damaged currency



    BAGHDAD / obelisk: CBI decided, on Tuesday, met the abolition of the fine on the money for the purpose of damaged replace them with new ones.

    The bank said in a statement: "obelisk" I got a copy of it, he "decided to cancel the cancellation of the fine imposed on the damaged currency securities are met, in order to encourage banks and financial institutions on the securities and cash received damaged and damaged and burnt from the public."

    "As the banks were reluctant received from the public, claiming to impose a fine."

    The bank confirmed that he is trying to "clean up the trading of banknotes damaged and burnt and damaged in the markets."

    Paper currency in Iraq and exposed to damage, because of the quality of the paper used in the industry, according to specialists in printing, so that they assert that those responsible for the Iraqi currency printing process to not possess expertise in this area.

    https://almasalah.com/ar/news/40535/%...7%D9%85%D8%A9-
    Last edited by AR Transplant; 10-28-2014 at 10:11 PM.

  10. #20

    Parliamentary committee calls for the central bank to implement deletion of zeros ear

    Parliamentary committee calls for the central bank to implement deletion of zeros early next year




    BAGHDAD / obelisk: Parliamentary Finance Committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency .

    A member of the Committee MP Jamal Joker he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other . "

    He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".

    He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market . "

    The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years.


    https://almasalah.com/ar/news/40543/%...A8%D8%AA%D9%86
    Last edited by AR Transplant; 10-28-2014 at 10:15 PM.

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