The Dinar Daily, Tuesday January 27, 2015 - Page 13
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Thread: The Dinar Daily, Tuesday January 27, 2015


    
  1. #121

    Re: The Dinar Daily, Tuesday January 27, 2015

    A high-level source told the Cabinet that the Government has concerns about inability to pay the staff salaries in the coming months.

    The source said, speaking to the ((day)) that "these concerns emerged when Prime Minister Haidar Al-Abbadi has become all but owned him Iraq State budget is 2 billion and a half dollars, adding that Iraq needs at least 7 and a half billion for staff salaries in full.

    The source added that the previous Government and its President Nouri al-Maliki to make the current Government before the great embarrassment as well as falling oil prices.(AA) https://translate.google.com/transla...3893&sandbox=1



  2. #122

    Re: The Dinar Daily, Tuesday January 27, 2015

    Parliamentary Legal: There is a political majority in the Council to determine the mandate of the Prime Minister

    Tomorrow Press / BAGHDAD: A member of the legal committee in Parliament sound Shawki, on Tuesday, the MPs gathered Toaqie to enact a law to determine the state of the prime minister two sessions, indicating that there is a consensus of the political majority to determine the mandate of the Prime Minister. He said Shawki's "Tomorrow Press" that "some MPs gathered Toaqie to enact a law defines the mandate of the Prime Minister and submitted them to the presidency of the parliament and the presidency of the Council in turn turned to the Legal Committee," noting that "the case of this where the first two things that the Constitution did not specify the mandate of the Prime Minister, but Select mandates as president of the Republic and the parliament. He added: "Since the Constitution did not specify it is possible to identify a resolution of the Parliament as a legislator, and there is also another opinion goes out that since the Constitution does not specify can not be identified, therefore, the two things are correct. He said Shawki that "it ultimately must be due to the Federal Court, so the court must decide the matter," explaining that "my personal opinion, including that the Constitution did not specify must find legislation to determine the mandate of the prime minister in parliament."
    A member of the Legal Committee that "there are blocks refuses to define the mandate of the Prime Minister, including the Dawa party, but the political majority go toward the mandate of the Prime Minister. It is noteworthy that the issue of the mandate of the Prime Minister took the long way from the political conflict within the corridors of the Council of Ministers and the House of Representatives in the past years, it is still subject to the differences on the matter. https://tinyurl.com/qgxe5sd

  3. #123

    Re: The Dinar Daily, Tuesday January 27, 2015

    Parliamentary Finance: the region covered by the "fiscal austerity"
    Tuesday, January 27, 2015

    Parliamentary Finance: the region covered by the "fiscal austerity"


    January 27, 2015

    Parliamentary Finance: the region covered by the "fiscal austerity"

    BAGHDAD - Said a member of the parliamentary finance committee Najiba Najib, the Kurdistan region covered by the financial austerity measures, stressing that the province will pay taxes and levying customs tariff.

    Najib said in her speech to ((eighth day)) that "the 2015 budget of $ 125 trillion, so the 94 trillion and 900 billion dinars, are sovereign expenses borne by the province and the provinces."

    Najib added that "the region will take 17% of the budget of operating expenses."

    Najib explained that "the region covered by the income and expenditure like the southern and central provinces, noting that" the imposition of taxes on the Basra province will impose on the region as well as the inclusion of networks taxes.

    Quoted by some media about the Kurdistan region would not include taxes in winning in the general budget and austerity on the back of winning 17% of the general budget.
    https://translate.google.com/transla...1287&edit-text

  4. #124

    Re: The Dinar Daily, Tuesday January 27, 2015

    Parliament's Security / Iraq Press /: All blocs agreed to pass the National Intelligence Law



    BAGHDAD - Iraq Press - revealed for security and defense committee in Parliament, on Tuesday, all the political blocs agree on the passage of the National Intelligence Service Act. A member of the committee MP, Iskandar and berries, L / Iraq Press / "The National Intelligence Service lacks the presence of external terminals him in the countries of the world, despite their importance in the operation of the device out of the country to monitor any schemes or attempts may threaten national security, so must the federal government activate the device Arab and international intelligence to allow him to exercise his duties and strengthen diplomatic relations with all countries to ensure the exercise of the device to work in. He and berries that "all the political blocs agreed to pass the intelligence service of its importance in maintaining security law and there is no any objections in the House of Representatives on the paragraphs of the law", adding that "the House of Representatives ended the first reading of the bill next week will see its second reading in preparation for a vote in the near future. He explained that "the paragraphs of the National Intelligence Service Act to ensure the overall structure and terms of membership of the device and the device shall assess threats to national security and to provide advice to the government and the presidency will be a civilian, not military, as the device is the law and the principles of human rights committed and is associated with the Council of Ministers." https://tinyurl.com/mc9wtty

  5. #125

    Re: The Dinar Daily, Tuesday January 27, 2015

    Finance Committee: Balance retained until 2012 amounted to $ 95 billion

    BAGHDAD / JD / Parliamentary Finance Committee confirmed that the assets retained until 2012 amounted to $ 95 billion, as revealed its claim to the Ministry of Finance Final data for 2013 and 2014, which will hopefully be sent in next February. The committee member said Masood Haider told / BD /: that cash balances retained since 2005 to 2012 of approximately $ 95 billion. He said Haider: The Finance Committee asked the Ministry of Finance to provide the correct figures and official statements Final 2013 and 2014 and which will hopefully be presented at next February. He favored member of the Finance Committee to provide 2015 budget report within the next 24 hours, hoping for approval during the next session of the House of Representatives. The parliamentary Finance Committee, has acknowledged the difficulty of passing the 2015 budget and approved in the House of Representatives because of the increase in the fiscal deficit to more than 85 trillion dinars. The committee member said Sadiq we hinted in an earlier statement to the Agency / BD /: "The budget of 2015 is difficult to pass in parliament despite the fact that the Iraqi people waits impatiently, because of the government when it sent the budget to the House of Representatives was the price of a barrel of oil at $ 67 and select the Budget $ 60 in anticipation of a decline, but the decline continued until he reached to below $ 40 per barrel. " He added: "Export proven oil in the budget rate of 3.3 million barrels of oil a day, either currently does not issue whether Iraq is 2.7 million barrels per day, there is a difference is estimated at US $ 20 per barrel, which means that the monthly budget deficit is estimated at 4 billion and the annual $ 48 billion, equivalent to 60 trillion dinars, and there is a real deficit already exists in the budget is estimated at 25 trillion dinars, and therefore, the real deficit will exceed the 85 trillion dinars, and this is a dangerous precedent and economic disaster. " / End / description on /
    https://tinyurl.com/mwmhz8f

  6. #126

    CBI Arabic Announcement Translated - "(Press release) discussed the Council of the Ir

    CBI Arabic Announcement Translated - "(Press release) discussed the Council of the Iraqi Central Bank Directors' special on 25/01/2015 financial situation in Iraq, and the large budget deficit."

    Lien issued by the Central Bank of Iraq

    Discuss Management CBI Minutes Extraordinary Council on 25.01.2015 financial situation in Iraq, and the large budget deficit 0oorteur take the necessary measures to boost liquidity measures in the banking system so that it could allegation duties usual, and at the same time, the acquisition of government debt instruments and to enhance the development and sustainable job creation and prosperity, as the Council decided to simplify the procedures for the sale of foreign currency (bank and cash) in order to facilitate the perpetuation of the market and exchange rate stability.

    CBI
    Baghdad


    Original Document Link:
    https://www.cbi.iq/documents/press%20for%2027-1-2015.pdf

  7. #127

    CBI Arabic Announcement - " press release ) in line with the central bank's tasks and

    CBI Arabic Announcement - "press release ) in line with the central bank's tasks and responsibilities in supporting the development and stimulate the Iraqi economy, and in light of the financial challenges faced by the country, the Department of the Central Bank Council approved the proposals made ​​by the inter bank's board."

    Release from the Iraqi Central Bank statement

    In line with the Central Bank of tasks and responsibility in supporting the development and stimulate the Iraqi economy, and in light of the financial challenges faced by the country, the Board of the Central Bank Board of Directors approved the proposals made by the inter bank's board is the most important:

    1 - support the liquidity of specialized commercial banks in the amount of (5) five trillion dinars to enable them to provide loans to agricultural and pro Appointment of providing housing and real estate loans in support of economic activity and job creation.

    2 - financing the state budget loan amount (6) six trillion dinars run through 50% of the reserves deposited by commercial banks with the Central Bank of Iraq.

    3 - Re-purchase of treasury bonds from the secondary market, where the central bank will buy about five (5) trillion dinars in the first phase of those bonds.
    Note that the above procedures for upholding the Central Bank of Iraq's Special Reserve.

    CBI
    Baghdad
    01/27/2015


    Original Document Link:
    https://www.cbi.iq/documents/press%20...027-1-2015.pdf

  8. #128

    Re: The Dinar Daily, Tuesday January 27, 2015

    Election of a new body of the Association of private banks

    Created on Wednesday, December 28 2 / January 2015 00:31
    Baghdad Constitution
    elected Association of private banks in Iraq, a new administrative body included, north of trade, the Gulf and the Dar es Salaam Investment and Baghdad Islamic and national and international Kurdistan Investment and the Middle East for investment and the Iraqi Credit and international development banks., while the won banks Mansur Investment and Iraqi National and Erbil to invest as members Ahtiat.ocd Head the governing body of the Association of Munther student caftans keen Association to secure better cooperation and communication with all Iraqi banks and branches of foreign banks operating in Iraq, as well as financial companies retaining the banking business to serve the advancement of the march of the Iraqi economy and overcome the difficulties currently faced in line with the government program goals in the development and support investment He added Kaftan at the conclusion of the General Authority for the Commonwealth meeting that the Iraqi Association of private banks working hard to activate its role in terms of the expansion of economic activity department in various sectors from the importance of the private banking sector and the development of its presence in the banking arena Iraqi and externally and keep abreast of the global development taking place in the banking industry with emphasis on provide the best legislation that enhance the sectors growth opportunities with the importance of the vital role of the Central Bank of Iraq in achieving the aspirations of the Iraqi banks in terms of its role in the Iraqi market.







    https://www.daraddustour.com/index.ph...01-27-21-31-16

  9. #129

    Re: The Dinar Daily, Tuesday January 27, 2015

    Tanker loaded with oil from the Kurdistan Regional leave America after the conflict continued for 6 months

    28/01/2015




    Twilight News / left tanker carrying one million barrels of oil from the Kurdistan Region waters of the United States heading east on Tuesday after Baghdad and Erbil reached an agreement on the sharing of oil revenues, after a legal dispute lasted 6 months.



    The tanker went "United Kalaverwta" which was anchored in the Gulf of Mexico and the United States since July to the Strait of Gibraltar across the Atlantic as Marine Management Services said the operating company for the airline, based in Greece. Adding that she had not received any notification of unloading the shipment.

    In the past week, petitions submitted by lawyers for Iraq and the Kurdistan Regional Government in the Houston court showed that the ship will move soon to another destination to undergo special previews to keep classified testimony.

    The lawyers told the court that it is also possible to reach agreement on the shipment after the Iraqi government unveiled a draft budget for 2015 to the parliament.

    : https://www.kululiraq.com/?p=181911

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