The Dinar Daily, Monday June 8, 2015
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  1. #1

    The Dinar Daily, Monday June 8, 2015

    CENTRAL BANK OF IRAQ

    CURRENCY CODE SELL BUY
    US dollar USD 1166.000 1164.000


    CURRENCY CODE SELL BUY
    US dollar USD 1166.000 1164.000
    Euro EUR 1319.562 1318.902
    British pound GBP 1799.488 1798.588
    Canadian dollar CAD 934.520 934.052
    Swiss franc CHF 1254.033 1253.406
    Swedish krona SEK 139.882 139.812
    Norwegian krone NOK 151.032 150.957
    Danish krone DKK 176.886 176.798
    Japanese yen JPY 9.379 9.374
    Special
    Drawing Rights
    SDR 1643.267 1642.445

    Indicative rates - (as of) 07.06.2015


    http://www.cbi.iq/

    Currency Auctions

    Announcement No. (2965 - most recent listing)

    The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 04/06/2015 and the results were as follows:

    DETAILS NOTES
    Number of banks 13
    Number of remittance companies 0
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 93,699,500
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 93,699,500
    Total offers for selling (US$) -----
    Last edited by pinkadonai1; 06-09-2015 at 11:06 AM.



  2. #2

    Re: The Dinar Daily, Monday June 8, 2015





    The Exchange Rate of Foreign Currency in Economic Feasibility Studies

    Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.

    Estimate the shadow price of foreign currency:

    1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine.

    The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs.

    * What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.In particular the following outputs and inputs of foreign currency were distinguished:


    • Export-outputs.
    • Outputs marketed locally that substitute imports.
    • Imported inputs.
    • Inputs produced locally that usually go to exports.
    • Foreign labor.


    According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules.

    In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency …. etc.).

    In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency.

    2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports… etc.

    The justifications to call for the use of an exchange rate that is lower than the official exchange rate are:


    • The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production.
    • The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs.
    • The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods.
    • The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities.
    • This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.


    And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.

    3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.



    The Republic of Iraq – Ministry of Planning

    and

    A "flashback recap" of a Live Q and A Call from about a year ago - on THE DAILY DINAR NEWS BLOG...

    In general terms – there were three main focal points of interest I wanted to cover and then allow listeners to ask whatever questions they liked.

    1) the SIGR report…


    2) the Gold Article…


    3) the IIER report…


    I started the conversation out last night by highlighting how crazy this campaign being fielded to contact our lawmakers and bank CEO’s and tell them how unfair it is they are getting to exchange (exchange is the right terminology BTW – NOT “CASH-IN”) at 32.00 per Dinar and we are not – is. It is nuts.


    Firstly, “they” are NOT being allowed to exchange “early” – or at 32.00 per Dinar. It makes you sound “stark raving MAD” to be caught saying such things. You would be better off barking at the moon. It is demeaning to the validity of a true currency play.


    Secondly, this is entirely the wrong way to approach them. I pointed out on the call that Poppy and I fielded a very successful such campaign a couple of years ago. However, we sat down and came up with a much different approach. It was designed to get answers and to approach our lawmakers with respect and as their constituents. Not like a bunch of lunatics. We had extraordinary participation (because it made sense) and we received a good response from lawmakers. It started the conversation in a reasonable manner.


    I asked one caller – “when was the last time you asked a banker for money and told him how unfair it was if he didn’t give it to you”??? Obviously – we chuckled…


    Another caller asked me if (as DC had relayed) – the “zero’s were raised” and the lower denominations were in circulation??


    I said plainly “no”…lower denominations being in circulation would (at the very least) imply there had been a value change. If there were no value change the lower denoms would not only be of little value, they would be such a hinderance – people might even throw them away just to get rid of them. So no – no lower denoms. I told the caller to check the
    CBI.iq website for “real” info on rate change.

    The “zero’s being raised” or “deleted” – as explained by any reasonable researcher, economist or authority – is simply the process removing the large (3 zero notes) from circulation.


    Referring to an Enorrste post from today on
    THE DINAR OBSERVER DAILY(you may want to put this on your favorites and check in several times a day – we to it often )

    “…I have never found a single article from the CBI or the IMF that equates “delete the zeros” to the idea of “move the decimal point.” Instead, the statements overwhelmingly come out to mean “remove the large notes from circulation.”


    Also – this recent internal memo put out by Wells Fargo is likely “push back” from this recent campaign. I pointed out that Pinnacle Bank published an article by an “affiliate” in their internal publication and then “highlighted it” in a similar internal memo a couple of years ago. It is just a defense mechanism. I’m sure Wells is tired of having their name dragged through the “internet rumor mill”. This is highly likely the reason for their vigorous denials about handling it in the future. They get so many useless calls – it isn’t worth the headache. Can you blame them??


    Further, for any bank, lawmaker, adviser or official to state the “Dinar is a scam” is nearly as foolish as some of the internet “Gurus”. It is the official currency of a COUNTRY. I pointed out (below) the post from yesterday’s
    DINAR OBSERVER DAILY
    – highlights page 94 of the quarterly SIGR report to THE US CONGRESS in April of 2012…
    __________________________________________________ _____________

    THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

    We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 84 of the massive SIGR report.





    BGG ~
    This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
    __________________________________________________ ______________

    I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…

    1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.

    2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “over time” now.

    3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.

    I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.

    4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..

    __________________________________________________ ______________

    AND

    Coins put on the market !!



    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara "The project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find metal coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century

    waradana.com

    And

    CBI is preparing to issue a monetary metal parts

    Metal coins from the category of 25 fils were in circulation until the nineties of the last century

    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara Radio Free Iraq, "said the project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.

    http://www.iraqhurr.org/content/article/26666313.html

    and

    Another "FLASHBACK"...

    Economists Divided Over Deletion Of Zeros

    By Amina al-Dahabi for Al-Monitor.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided…

    …Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country.

    ARTICLE LINK

    Crush Expected When Kuwaiti Banks Reopen Today

    March 24, 1991|From Reuters



    KUWAIT CITY, Kuwait — Thousands of Kuwaitis are expected to jam the country's banks today when they open for the first time since the end of the Iraqi occupation.

    Customers will be allowed to withdraw funds and to swap pre-invasion money for a new currency issued to make more than $1 billion in pre-invasion dinars stolen by the Iraqis worthless.

    "We expect a rush of people," said Issam Asousi, an executive with the Bank of Kuwait. He said it could be a chaotic first week because customers have a lot of questions about their accounts.

    Kuwaiti banks continued operating during the seven-month Iraqi occupation under managers brought in from Iraq, but they have been closed since the U.S.-led alliance ousted the Iraqi army from Kuwait a month ago.

    When the banks reopen today, customers will be able to withdraw up to 4,000 Kuwaiti dinars, equivalent to about $14,000 at pre-invasion exchange rates from their accounts, and to exchange a like amount for foreign currency.

    Balances of customers' accounts will go back to what they were on Aug. 1, a day before the invasion.

    Clients will not be able to exchange Iraqi currency issued during the occupation, when Baghdad pegged the rates of the strong Kuwaiti dinar to the far less valuable Iraqi dinar.

    The new Kuwaiti money will be exchanged for old at a one-to-one rate.

    http://articles.latimes.com/1991-03-..._kuwaiti-banks


    BGG ~ Thanks to wmawhite for some facts on the subject.

    Hi BGG,

    Just thought I would drop you an email. I listened to the call, and was interested in what was said about Kuwait, if I may - I will add my 2 cents worth.

    You were spot on with what you said, I have a close friend who's father made a killing on the KWD. He bought from people who had fled the country and he paid pennies on the dollar (we are in Australia). He took the chance that Iraq would be kicked back out and he was right.

    When the money was reinstated, he exchanged it for AUD at a rate in the mid 3s. The interesting thing about it is, Iraq invaded in November 1990 (I think), they were kicked back out at the end of Feb 1991, the banks reopened with a brand new KWD in late March, that's not a bad time frame to get a currency designed, printed and made ready to use, also the time that the old KWD was valid was initially only for 2 months, then extended to 6, so it was valid until Sept 1991, interesting I think.

    Also the other thing that seems to be a "fact" in Dinar land is Bill Clinton used the Kuwait RV to pay off the debt. However, Clinton was not President in 91, he did not take office until 93, even I know that and I am an Aussie.

    Anyway thanks for the site and enjoy listening to your calls.

    Kind Regards,
    Kevin

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    Re: The Dinar Daily, Monday June 8, 2015

    Abadi adviser calls for lowering and raising the dinar dollar sales for the launch of liquidity



    Author: HH, MJ
    Editor: BK, HH

    6/8/2015 10:39

    Long-Presse / Baghdad: He attributed the economic advisor to the Prime Minister Haider al-Abadi, Monday, reasons for the high dollar in the local market to the deterioration of oil prices and reduce the central bank sales of foreign exchange rates, as called for reducing the value of the dinar and raise the dollar value of sales for the launch of cash and "restrain" demand and ensure the stability of exchange rates.

    He said the appearance of Mohammed Saleh said in an interview to the (long-Presse), "The instability of the US dollar exchange rates in the Iraqi market and to rise in recent months, due to the deterioration of oil prices," noting that it "led to the deterioration of the Iraqi payments rates because its export base is oil." .

    Saleh added that "the Iraqi Central Bank action to reduce the direct sales of the dollar, instead of reducing the value of the dinar", so they returned to "create a market to sell the currency again."

    Economic Adviser to the Prime Minister and expressed his support "to lower the value of the Iraqi dinar in line with the market, as well as raise the sales value of the dollar," adding that it "will launch a cash liquidity and restrain demand and contributes to the stability of the dollar exchange rate."

    The specialize in the banking sector attributed in (the ninth of April 2015) rising dollar against the dinar, to the Central Bank for deducting customs duties and taxes in advance procedures, and called for a "freeze" of the resolution, while the expected continued decline in the value of the Iraqi dinar, stressed the need to cancel Article 50 of the budget for determining the dollar sales.

    Iraqi citizens also complained, in (27 March 2015), the high prices of materials and goods in the Iraqi market, while the government called for the support and follow-up and determine the prices of goods in the market, confirmed that the instability of the dollar was behind the confusion of the Iraqi market.

    The dollar price to the price of sales to the domestic market from early 1120 to the current 2015, to about 1133 now.

    http://www.almadapress.com/ar

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    Re: The Dinar Daily, Monday June 8, 2015

    Nassif: Kurdish deputies Evtalon crises in Baghdad to renew the mandate of Barzani



    Monday 8 يونيو 2015 | 01:55 مساء

    BAGHDAD / ... saw MP for the coalition of state law, high Nassif, Monday, that the Kurds of Representatives deliberately fabricate crises with the central government and the House of Representatives at the expense of achieving the special interests of the region that would renew the mandate for the third Massoud Barzani in the presidency of the Kurdistan region.

    Nassif said for "Eye Iraq News" that "the Kurds have been trying for ten years to create conflicts quality between the Kurdistan region and the central government through oil deals or other issues other to achieve the interests of the special region that pay to extend the mandate of Barzani as president of the province, noting that the Kurds succeeded in and they all hoped to achieve. "

    She explained that "the current parliamentary session is characterized by high harmony between the legislative and executive branches, but the political consensus prevents the adoption of many important laws, including the National Guard and political parties of the Federal Court Rules."

    Nassif showed that "the delay in approving the law of the House of Representatives of the Federal Court was due to the objections of the Kurds on the Law of Representatives, called upon to guide the House of Representatives about the parliamentary majority to pass laws the outstanding fast time in the interest of the public of the country" .anthy 4

    http://aynaliraqnews.com

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    Re: The Dinar Daily, Monday June 8, 2015

    Oil Ministry: our energy Alkhoznip oil has achieved a quantum leap from 4 million barrels to 14 million barrels



    Monday 8 يونيو 2015 | 01:21 مساء

    BAGHDAD / ... Oil Ministry announced, Monday, that Iraq Energy Alkhoznip of oil has made a quantum leap from 4 million barrels to 14 million barrels, noting that the reservoirs have increased from 14 to 42 tanks in just six months.

    Media adviser to the oil minister Ahmed al-Saadi said in a statement, received by the "eye of Iraq News" that "the report of crude oil position refers to an important increase in production and oil exports," noting that there is progress export to our numbers constantly, which demonstrates the growing our energies and our infrastructure for the export of amounts not Nbulgha one day ".

    "The production of the south and center reached 3.391 million barrels / day, and what has been received in Ceyhan from North oil fields oil and Lavagna and Bai Hassan fields Kurdistan 346 000 barrels, and this is the national total partial 3.737 million barrels / day, if Added to that 150 000 barrels other refineries consumed by the Kurdistan region of production surpluses and blended figure will reach about 3.9 million barrels / day, which is appropriate evidence that Iraq is approaching from the production of 4 million barrels soon. "

    Saadi said: "The exports amounted to on Sunday only 5.088 million barrels / day, without" Basrah heavy "the source account.

    He added that "this achievement is not something an emergency, but the result of tremendous efforts have been made, and cooperation is little between the people and the federal government, with all its institutions from the Prime Minister and all ministries and the House of Representatives and security forces, and local governments and the region, as well as between national and foreign companies, which all contributed to dissolve complex and pivotal for many things Ha.anthy 1

    http://aynaliraqnews.com

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    Re: The Dinar Daily, Monday June 8, 2015

    Parliamentary Finance: Low oil prices will not affect the salary payments or delayed



    08/06/2015 11:12

    Press direction / special
    Reassured the parliamentary Finance Committee, on Monday, all employees in government departments and institutions staff that the decline in global oil prices will not affect the payment of salaries or contribute to the delay, arguing that Iraq is able to overcome this temporary crisis.
    Committee member Ahmed Sarhan and measuring an interview with "direction Press" stressed that Iraq's budget saw a large deficit in the light of the continuing decline in oil prices globally what a negative impact on all aspects of economic life, the fact that the country is directly dependent on what comes out of this vital material.

    He said the government felt that borrow from the International Monetary Fund worth $ 800 million to meet the acute shortage of liquidity in the budget that in 2015 and to guarantee the payment of all salaries of state employees, hoping to surpass Iraq for the fiscal stayed with him, especially since oil prices are expected to rise During the second half of this year.

    A number of economists predicted that no signs of improvement in the financial situation of Iraq at the present time as oil prices remain within its current borders and with the continuation of bleeding money to cover the enormous costs of the war with Daash and the government's inability to find suitable areas of non-oil exports alternative financial resources, all That would make it the feet of the Iraqi government Ay reduce salaries is not unlikely.

    Edit / Rahim Ali al-Lami

    http://aletejahtv.org

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    Re: The Dinar Daily, Monday June 8, 2015

    Council Karbala: lack of liquidity halted most of the projects in the province



    08/06/2015 12:12

    Press direction / special
    He attributed the Karbala Provincial Council, on Monday, stopped service and construction projects in the city into a state of austerity experienced by the country, as well as lack of financial allocations granted to the province.

    Council member Zuhair Abu Dakka In an interview with "direction Press," said that most of the projects in the province stopped due to lack of liquidity and a lack of financial allocations of these projects, noting that the projects currently implemented are complementary and mutually agreed from previous years.

    He added that the province does not count on the religious tourism Brphi budget because any amounts reserved for the holy thresholds of the money and the local government has no right disposition.

    It is said that Vice block independent detect the presence of projects in Karbala worth 425 billion dinars and that "the central government has allocated 112 billion dinars counterbalance to Karbala for 2015 noting that" in Karbala, some 400 ongoing project and shops and amounts of up to 425 billion dinars, and there are financial instruments due Payment for companies implementing projects worth 70 billion dinars, and the province will sign this impasse.

    Edit / Rahim Ali al-Lami

    http://aletejahtv.org

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    Re: The Dinar Daily, Monday June 8, 2015

    Najib: Budget Law provides for the three presidencies and special grades to reduce the salaries



    08/06/2015 11:38

    Press direction / special

    Confirmed a member of the economic and investment commission parliamentary Najiba Najib, said on Monday that the federal budget law provides for three presidencies and special grades to reduce the salaries if necessary.

    Najib In an interview with "direction Press," said the reduction of salaries of the three presidencies and those with special grades where there is text within the federal budget law there is no dispute it, indicating that this text needs to be activated by the federal government in the case of urgent necessity that apply to parliament for approval on the decision.

    Najib explained that the salary reduction comes in the case of a deficit in the budget or lack of liquidity and submit the request of the federal government to parliament for approval.

    Najib added that the study promised in this regard during the period for filing federal budget aimed at addressing bridge the budget deficit due to lower prices Altaft economic crisis faced by the country. Noting that the salary cuts will include the three presidencies and those with special grades of the degree of general manager and above.

    The central bank recently announced that the financial reserves of Iraq equivalent and a half times the weakness of the currency bloc, confirmed that Iraqi financial institutions are unable to fiscal deficit coverage, stressing the need to re-examine the structure of the budget and spending and to diversify sources of income and achieve the investment more broadly to address the decline in oil prices.

    Edit / fair S

    http://aletejahtv.org

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    Re: The Dinar Daily, Monday June 8, 2015

    Shammari calls Abadi to develop a roadmap binding on national reconciliation



    08/06/2015 09:39

    Direction Press
    MP for the National Coalition Kadhim al-Shammari, Prime Minister Haider al-Abadi to put through binding about national reconciliation and the roadmap adopted at the summit of Germany.

    Al-Shammari said, on Monday, in a statement received "Press direction," a copy of "national coalition led by Iyad Allawi, put points on the letters since 2004, We have indicated clearly that the reconciliation file and non-marginalization of the party at the expense of the other and genuine partnership, not only to participate is the real entrance to the building of a new Iraq, also warned of the consequences of ignoring this and got what we feared the repercussions of security, economic and humanitarian, starting from the bottom and then the Daash and that the Iraqi people still paid for up to the minute. "

    "There is a reluctance of the international community in support of Iraq it fought against Daash which is visible, but at the same time, there are reasons presented explicitly, especially during the last Paris Conference for this reluctance, including the lack of a clear government strategy in support of national reconciliation file, and the involvement of all the ingredients in the making decision and central control over the security file in full. "

    He called al-Shammari, Prime Minister Haider al-Abadi to "liberation from the pressure exerted by some political parties to keep Almkoonati conflict the construction of the national ranks, and work on the development of a real and binding road map about true reconciliation file and build a state of institutions to be adopted during the summit of the seven industrialized nations in Germany in order to be real perspective for the lifting of international reservations and get the full support of them.

    http://aletejahtv.org

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    Re: The Dinar Daily, Monday June 8, 2015

    Shammari: the lack of a clear vision of the government in the reconciliation file the reason for reluctance of the international community in support of Iraq


    Kadhim al-Shammari

    June 8, 2015 12:25

    (Independent) .. said Member of Parliament for the National Coalition MP Kazem al-Shammari, Monday, that the lack of a clear vision of the government since 2006 until today in the national reconciliation file, the reason for reluctance of the international community in support of Iraq during the previous stage in general and during the current crisis especially.

    Al-Shammari said in a press statement by his press office, said that "national coalition led by Dr. Iyad Allawi has put points on the letters since 2004, We have indicated clearly that the reconciliation file and non-marginalization of the party at the expense of the other and genuine partnership and not only participate is the real entrance to the building of the new Iraq , also warned of the consequences of ignoring this matter and received McKenna fear of the repercussions of security, economic and humanitarian, starting from the bottom and then the Daash and that the Iraqi people still paid for up to the minute. "

    He added that "national reconciliation and the building of citizenship on the basis of efficient state and not religious dependency or partisan or Almkoonatih is the real standard for state institutions and without it will not find any glimmer of hope of a future, and even that defeat us Aldoaash today we will find tomorrow Doaash other titles again and continue the vicious cycle continues bleeding and falling modes economic and security ".

    He explained that "there is the reluctance of the international community to support Iraq in its war against Daash which is visible, but at the same time there are reasons presented explicitly, especially during the last Paris Conference for this reluctance, including the lack of a government strategy and clear in support of national reconciliation file and the involvement of all components in the central decision-making and control over the security file completely. "

    He called al-Shammari, Prime Minister Haider al-Abadi "for liberation from the pressures exercised by some political parties to keep Almkoonati conflict the construction of the national ranks and work to develop a real and binding road map about true reconciliation file and build a state of institutions to be adopted during the summit of the seven industrialized nations in Germany in order to be a real perspective to raise the international reservations and get the full support of them. "

    http://www.mustaqila.com

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