The Dinar Daily, Wednesday December 31, 2014 - Page 10
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  1. #91

    Re: The Dinar Daily, Wednesday December 31, 2014

    Parliamentary Commission of Economy: The government will begin to apply the law of customs tariff early 2015

    Wednesday 31 December 2014
    Said a member of the Committee of Economy and Investment parliamentary Najiba Najib for the federal government will begin to apply the customs tariff law early 2015.
    Najib said in a statement to Radio tow that all material entering through the border crossing points and customs points will be included in the customs tariff system, adding that the government has the right under the law exception basic foodstuffs and private.
    She Najib said the customs tariff law new pricing for all materials entering Iraq across the border ports in step systems to prevent tempted to merchants do to raise consumer prices Miada to overburden the Iraqi citizens, noting that the government would impose strict sanctions against traders manipulators prices.

    https://translate.googleusercontent....SvrTXW-APQbHhQ



  2. #92

    Re: The Dinar Daily, Wednesday December 31, 2014

    IMF: 2% decrease in Iraq’s budget in 2015 of GDP
    December 31, 2014
    LINK

    IMF - 2 percent decrease in Iraqs budget in 2015 of GDP (Independent) … sent IMF mission held discussions with Mr. Hoshyar Zebari, Minister of Finance of Iraq and Mr. Zuhair Ali Akbar, deputy governor of the Central Bank of Iraq and a number of officials in the finance and planning ministries and the central bank to assess the latest economic developments in the country and discussions focused on the impact of the double trauma of Daash regulation and lower oil prices attacks at the end of the visit, Mr. Sdralvić issued the following statement:

    IMF experts noted that it is expected that GDP in Iraq is reduced by about 0.5% this year, which is attributed in Muammh to the economic impacts of the attacks organization Daash: We estimate non-oil growth decline since the beginning of the conflict because of the destruction of infrastructure, and the obstacles to obtaining fuel and electricity, and low confidence of the business community, and the disruption of trade, on the contrary, given the concentration of most of the oil infrastructure in the south of the country and beyond the control of the Daash, however that the production of Iraq’s Kurdistan region in mind, we can expect the arrival of oil production to 3.3 million barrels per day in in 2014, up from 3.1 million barrels per day in 2013, with exports remain at levels recorded in 2013 and Balbalgh 2.5 million barrels per day.

    In the next fair is expected to rebound to growth of approximately 2% with the increase in oil production and then oil exports, with the support of the central government spending, which reached recently with the Kurdistan Regional Government on Sardat oil from Kurdistan and Kirkuk oilfields.

    The inflation calculated on an annual basis amounted to 0.9% at the end of October last year in the provinces of Iraq outside the conflict zones.

    As for the exchange rate of the Central Bank kept linking the Iraqi dinar US dollar system, and narrowed the gap between the official exchange rate in the market and the budget until it reached 2.6% last September, thanks to the line taken by the central bank towards the liberalization of the foreign exchange market.

    However, it has contributed to the increase in imports, coupled with the decline in oil Alaardat and lower government sales of foreign currency to the Central Bank to finance government spending, the decline in international reserves of more than $ 77 billion at the end of 2013 to about $ 67 billion by the end of November The government also used the Iraq Development Fund, which has been transferred its assets to the Central Bank, which contributed to the geode these balances of $ 6.5 billion at the end of 2013 to about 4 billion last November.

    The government has expressed its commitment to submit the draft budget for 2015, the Iraqi parliament soon. The non-ratification by the Iraqi parliament on the budget in 2014 may cause the activation of a financial base reduced aside from spending in the current year, but spending from outside the budget, especially on security, caused an increase in the deficit, which is likely to be up to about 5% of GDP, Expert Group envoy from the Fund has been discussed with the Ministry of Finance and the challenges associated with the formulation of the public budget for the 2015 project, which Isthedm address the ongoing extraordinary spending big decline in oil prices under pressure, and because the expected funding will be limited in 2015, we expect that Infkhadd budget deficit to less than 2% of GDP.

    The Fund will continue to support Iraq through Aelchorat on policies, and technical assistance and training will be in the coming months Gaddour discussions with the authorities in the context of Article IV of the 2015 consultations.

    And Chtmama like the International Monetary Fund mission to thank the Iraqi Sultan for their cooperation and open discussion and fruitful. https://www.mustaqila.com/news/148131.html

  3. #93

    Re: The Dinar Daily, Wednesday December 31, 2014

    Wednesday, December 31, 2014

    Parliamentary economy is preparing to participate Iraq Cairo Conference

    BAGHDAD - the economic and investment commission representative said, she is preparing to put the paper in Iraq, especially with the participation of Egypt's economic work conference early next month.

    Committee Chairman Jawad al-Bolani's (IMN), "The economic conditions experienced by Iraq, serves as motivation for encouraging participation in international economic forums."

    Noting that "the Commission is preparing to develop a worksheet in the next couple of days for the participation of Iraq Egypt's economic conference."

    He continued that "there is a tendency for the advancement of the agricultural, industrial and tourism sector, as well as stimulate the private sector to address the financial and economic crises, caused by the low price of a barrel of oil in the global markets."

    The Commission on the parliamentary Foreign Relations, on Wednesday, Iraq's participation Egypt's economic conference, beginning in 2015. https://translate.google.com/transla...4-53&edit-text

  4. #94

    Re: The Dinar Daily, Wednesday December 31, 2014

    Abadi: interested in increasing production of oil and gas investment and we will abide by all our commitments

    12/31/2014

    Oil Ministry: Abadi Ghadhban assigned to head a committee to prepare the oil and gas law

    The Iraqi Oil Ministry, for the Prime Minister Haider al-Abadi, commissioned by the head of the advisers Thamer Ghadhban, to prepare a draft oil and gas law.

    He said ministry spokesman Assem Jihad told the "Khandan" that "according to our information, the prime minister and former oil minister and head of the advisers Thamer Ghadhban cost chaired committee to prepare a draft oil and gas law, and submitted to the Cabinet for approval," adding that "after review government to draft the law and approved, they would be sent to the House of Representatives for their legislation and vote on them.

    And the spokesman for the Ministry of Oil that "the views of the Kurdistan Regional Government and the oil-producing provinces, the draft law, is up to the committee for preparation of the law." https://translate.google.com/transla...%3D2&edit-text

  5. #95

    Re: The Dinar Daily, Wednesday December 31, 2014

    The Presidency of the Republic amended budget furnishing the offices in Tehran, Al-Maliki


    The Presidency, announced Wednesday, to remove some of the circumstances and problems on the budgets of the Deputy President, referring to the amendments to the budget and submit them to the Parliament for adoption.

    The official spokesman for President Khaled shawani said in a statement that it "was a joint meeting included presidential advisers and the Office of the President and the Finance Committee in the House of representative Committee member Magda El-Tamimi, who discussed the content and proposals of the budget of the Presidency of the Republic."

    Shawani said "removed some circumstances and problems on the budgets of the Deputy President and I talked about the media," adding that "the amendments to the budget and submit them to Congress for approval."

    The parliamentary Finance Committee, unveiled last Monday the value of wages of furnishing my two Deputy President of approximately 23 billion dinars. https://www.microsofttranslator.com/b...2F%3Fp%3D89505

  6. #96

    Re: The Dinar Daily, Wednesday December 31, 2014

    Allawi: political sectarianism played an important role in the weakening of Iraq

    Vice President Iyad Allawi, Wednesday, that political sectarianism played an important role in Iraq, weaken the ability of the community to respond to the forces of extremism, stressing that the Organization "daash" found fertile soil after the dismantling of the Iraqi State in 2003. Allawi said that "regulation daash Walid three things, first is trying to conspire against Islam and Arabic, and the second thing is the map and environment incubator for extremism", adding that "political sectarianism played an important role in Iraq, weaken the ability of the community to respond to the forces of extremism and weaken the forces of moderation in Iraq, where the forces of extremism in Iraq." He said that "the third thing is that there are also trying to push matters toward speedy dismantling of systems both strong international or regional powers to dismantle the situation in our region and in our States." Allawi said that "daash found fertile soil due to the practices of political sectarianism in Iraq, found fertile soil after the dismantling of the Iraqi State in 2003", adding that "the Iraqi people and its national and political, mostly fighting daash, a new structure for the Iraqi armed forces and will achieve victory over the prostitute." Finished o. dhttps://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2F8th-day.com%2F%3Fp%3D89515

  7. #97

    Re: The Dinar Daily, Wednesday December 31, 2014

    12/31/2014

    Replace the image of the Arab world-Hasan Ibn al-Haytham in the Freedom Monument in the category of "10000" BD

    Said Director General of the release and cabinets in the central bank Ihsan Shomran Yasiri, today, said the new paper for a class (10000) dinars will replace the existing paper shop, but will deliberate with them without having any intention of withdrawing from circulation.

    So, there is no replacement process and there are no procedures for the movement of banknotes in the manner described by some, but is banknotes printed abroad and placed in lockers, and is being issued for circulation (delivered to the banks) when banks withdraw cash from their balances as we do with the current sheet.

    Also, all printed currency and transfer of copyright to the house of Iraq and issued for circulation procedures are in accordance with the rules of global adjustment and under control and security arrangements supported.

    He added, that the replacement image the great Arab world Hasan ibn al-Haytham in the Freedom Monument in Baghdad normal administrative process, after taking into consideration that the Iraqi people Ancient people full of characters with scientific, literary, religious and political concerns, and the multiplicity of nationalities, sects and religions makes the lack of variation on a particular person from the door impossible.

    So the central bank moved to non-monetary securities issued by any pictures of people included, whatever their status.

    Moreover, changing sizes and forms and content of banknotes a curriculum followed by the central banks in the cash management in their countries.

    According to sources, that the replacement of the big picture of the Arab world, al-Hasan ibn al-Haytham in the Freedom Monument came under the guidance of the Supreme Council and Dawa Party.

    https://translate.google.com/transla...3D12&sandbox=1

  8. #98

    Re: The Dinar Daily, Wednesday December 31, 2014

    Abadi: interested in increasing production of oil and gas investment and we will abide by all our commitments

    12/31/2014

    Oil Ministry: Abadi Ghadhban assigned to head a committee to prepare the oil and gas law

    The Iraqi Oil Ministry, for the Prime Minister Haider al-Abadi, commissioned by the head of the advisers Thamer Ghadhban, to prepare a draft oil and gas law.

    He said ministry spokesman Assem Jihad told the "Khandan" that "according to our information, the prime minister and former oil minister and head of the advisers Thamer Ghadhban cost chaired committee to prepare a draft oil and gas law, and submitted to the Cabinet for approval," adding that "after review government to draft the law and approved, they would be sent to the House of Representatives for their legislation and vote on them.

    And the spokesman for the Ministry of Oil that "the views of the Kurdistan Regional Government and the oil-producing provinces, the draft law, is up to the committee for preparation of the law." https://translate.google.com/transla...%3D2&edit-text

  9. #99

    Re: The Dinar Daily, Wednesday December 31, 2014

    Budget 2015 “Needs Serious Revision
    The first reading of the draft law for budget 2015 by the Federal Parliament was done on 25 December at a presence of only 229 members of the Parliament. According to the parliamentary procedure the first reading entail reading the full text of the draft law without discussing or debating its contents.

    The draft law was referred to the Finance and Legal Committees of the Parliament for examination and prepare opinion that would be delivered during the second reading.

    The parliament adjourned and will reconvene on 7 January 2015.

    Until the commencement of the second reading the above two Committees, other parliamentarians, experts and interested public have to examine thoroughly the draft budget and express opinion before tabling the draft law for voting and adoption.
    https://www.iraq-businessnews.com/201...ious-revision/

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