" The Dinar Daily " ................ Sunday, 16 December 2012 - Page 3
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  1. #21
    New Corruption Scandal In The Central Bank Of Hero-Maliki And His Government
    Posted: December 16, 2012 in Iraqi Dinar/Politics


    Iraq News Network – An Iraqi political source in the Jordanian capital, Amman, for a meeting today between the Minister of Finance Rafie al-Issawi and Iraqi Central Bank Governor Abdel Basset Turki Hadithi in Jordan Antrcotntl Hotel in Amman with a team representing Fund International Monetary confidential and away from the media and the source said, that al-Issawi, a Turk met with the UN mission The IMF They are loaded with a set of documents where attendees discussed, to reveal the disappearance of (5) billion did not know the mechanism $ disbursement or the acquisition method.

    As it turns out during this meeting, that there $ 1.2 billion was lent to the prime minister was not recorded in the budget, and did not pay the presidency government any part of it so far and only the central bank governor Abdel Basset Turki in his speech by saying, that the central bank Iraq is not on a par with the rest of the devices and the parties and government institutions, as there was no authority except the authority of Parliament, and he made ​​a report of the Central Bank to parliament and the marking of management misconduct currency auction was the government of Nuri Maliki has denied 3 days ago and there is a mission of the United Nations in Iraq to investigate the issue of central bank Iraqi.

    According to a statement issued by the Iraqi Foreign Ministry that some local media ran a story about the existence of United Nations mission in Iraq to investigate the cause of the Iraqi Central Bank and added that the Foreign Ministry confirms and after contacts with the United Nations Mission in Iraq, “UNAMI” the invalidity of this news and media reports, and that there is no Thus the mission in Iraq, but a member of the parliamentary Finance Committee Hassan Ozmn warned that Iraq’s money in the abroad are exposed to the risk of international trusteeship because of the participation of the United Nations to investigate the issue of the Central Bank of Iraq ..

    Expected to appoint a United Nations special rapporteur to monitor the movements of financial and pointed Ozmn Iraqi, a deputy for the Iraqi List , that an international delegation includes experts and a number of assistants arrived, during the past few days, Baghdad, to investigate suspicions of corruption swirling around the Central Bank of Iraq .. Considering that the United Nations is asked Iraq to be involved in these investigations.

    https://bit.ly/RxE4vh

    https://thecurrencynewshound.com/2012...is-government/



  2. #22
    10% growth rate between 2012 and 2013 budget
    Posted: December 16, 2012 in Iraqi Dinar/Politics
    Tags: Budget, economy, Iraq, kurdistan, kuwait

    Growth rate of 10% between the budgets of the next year and the current

    16/12/2012

    Revealed Economic Commission parliamentary growth rate between the budget next year and the current estimated up to 10%.

    said committee member Iraqi List MP Qusay Abadi’s / JD /: The growth rate estimated between budgets in 2012, and 2013 is estimated at ( 10%).

    The cabinet decided at its forty-sixth regular and held on 23 October 2012, approved a draft law the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year.

    explained cabinet statement received / JD / copy of it: that the total federal income amounted to (119.3) trillion dinars were the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the territory Kurdistan and the (250) thousand barrels per day, where will oil revenues this Development Fund for Iraq after deducting (5)% for war reparations Kuwait has reached the investment budget (55) trillion dinars and the operating budget (83) trillion dinars distributed to institutions, ministries and state bodies all terms public expenditure will be distributed according to population ratios after excluding allocations of the federal ministry center and sovereign expenditure.

    https://bit.ly/U4QSIJ

    https://thecurrencynewshound.com/2012...d-2013-budget/

  3. #23
    Shabibi: CBI’s target is to reduce inflation and not import financing
    Posted: December 16, 2012 in Iraqi Dinar/Politics
    Tags: Baghdad, bank, Central bank, Central Bank Iraq, Iraq, Monetary policy, Nouri al-Maliki, shabibi

     Baghdad / agencies confirmed Central Bank Governor Sinan al-Shabibi issued an arrest warrant, on Saturday, that the central bank’s target key is to reduce inflation and encourage savings and not financing import operations.

    Shabibi said “Alsumaria News” that “the main objective of the Central Bank is monetary policy to fight inflation and not commercial financing import “, noting that” the recent decision of the Central Bank to allow Iraqi banks approved to open letters of credit and financing by the bank is a business decision. ” and added Shabibi that “the goal of the bank is working to pull the dinar from the market and entered in issues auction to reduce inflation , “and urged” the Bank’s management new focus on monetary policy, not profitability. “

    It was the bank’s board decided on 11 December to encourage Iraqi banks approved to open letters of credit and financing by the Bank in accordance with the mechanism designed for this purpose and continuity in the entry window selling foreign currency, indicating The banks covered are Bank of Baghdad, credit and Mansur as a first stage and later include all licensed banks. Under the instructions of the Economic Commission of the Council of Ministers to transfer all of the special allocations ministries that more than four million dollars to the Commercial Bank of Iraq in the transfer of funds of less than four million dollars to private banks, which are distributed by activity according to the classification of banks by the Central Bank of Iraq.

    He Shabibi on 13 this December that the bank’s decision to authorize the province validity reduce the sale price of the dollar, “wrong”. was Shabibi threatened, on 12 December, to resort to “all means” if not resolved his case in Iraq, stressing that it was exceeded immunity Bank in the country.

    The Prime Minister Nuri al-Maliki, in the (November 5, 2012), that the warheads large fall in the issue of the central bank, pointing out that he is not acting funds Iraqi, but had no information on the size or the location of the deposit. referred to the Supreme Judicial Council confirmed, in ( October 19 last), the issuance of an arrest warrant for the central bank governor and a number of officials in corruption cases

    https://bit.ly/ZyZCdc

    https://thecurrencynewshound.com/2012...ort-financing/

  4. #24
    United Nations recognizes Iraq’s commitment to international resolutions; Next few months is a period of confidence building and time to settle issues
    Posted: December 16, 2012 in Iraqi Dinar/Politics
    Tags: Baghdad, Ban Ki-Moon, Chapter VII of the United Nations Charter, Iraq, Iraqi people, kuwait, Secretary General United Nations, United Nation

    12/16/2012 12:00 am

    Moon: for Iraq and Kuwait opportunity to announce a new collaboration

    Confirmed the Secretary General of the United Nations Ban Ki-moon’s commitment to Iraq its international obligations, but he is no longer directing the country quickly from Chapter VII.

    Comes at a time announced a UN that the year 2015 will see the closure of the file of compensation after commitment Baghdad all its obligations.

    Confirmed moon said in front of Iraq and Kuwait historic opportunity to renounce the past and move forward towards a new ad of cooperation, stressing United Nations full support normalization and coordinate their relations.

    A new declaration of cooperation and full support of the United Nations to normalize their relations and coordination. and the Moon, in a report to the Security Council yesterday evening (Friday) that the next few months are “confidence-building period” for Iraq and Kuwait to settle outstanding issues, adding that “the next six months that the two sides depends on the full support of the United Nations for normalization and coordination relations.” the President revealed

    and revealed the Kuwaiti Prime Minister’s “Center Brief for the Iraqi Media Network,” the week before last, went Iraq and Kuwait to sign agreements bilateral task between the two countries this month, saying: “I am honored to visit Iraq this month, and will send the visit an important message that that Kuwait did not have any problems with the Iraqi people, but was with the former regime has gone,” he “should forget the past and embark on a wide space, and our duty to forget the past and look to the future, and there is no other way but to join forces between the two countries and the two peoples brothers. “is due to be holding talks” significant “between Prime Minister Nuri al-Maliki and blessed. Regarding efforts by Baghdad in this regard, said Secretary General of the United Nations: “I believe that Iraq has shown intentions good in relation to the issue of missing persons.”

    Regarding compensation, said Secretary General of the United Nations: “The Board of Directors of the Compensation Committee of the UN noted Iraq’s commitment to fulfilling its obligations.” and expressed that appreciation continued to the Government of Iraq and the Committee of Financial Experts Iraqi for their continued cooperation with the Compensation Committee.

    https://bit.ly/RxFS7E

    https://thecurrencynewshound.com/2012...settle-issues/

  5. #25
    CBI Board permits the CBI governor power to raise the value of the dinar
    Posted: December 16, 2012 in Iraqi Dinar/Politics


    Sunday, December 16, 2012
    Council authorized the management of the Central Bank of Iraq the new governor Abdul Basit Turki powers raise the value of the Iraqi dinar against other foreign currencies early next year, after former governor considered judicially supplements Shabibi these powers and mechanisms in violation of the law and harmful to the economy of Iraq.

    The «Central» middle of the year announced his intention to raise the value of the dinar against the dollar from 1120 dinars to the dollar to thousand dinars, in preparation for a project to replace the currency currently in circulation with new ones after deleting three zeros. The judiciary was issued on October 19 (October) last arrest warrant against al-Shabibi and a number of senior officials of the bank in corruption cases.

    The Shabibi told media need to «not to give these powers to one person to decide what he wants, but must study issues related to monetary policy, including reducing the price of the dollar, as well as follow-up of prices and inflation accurately, and taking into account the price developments and exchange rate in local markets». He pointed out that «the bank’s board is to decide this policy after studying carefully as the highest authority in the bank and not conservative.

    Prime Minister Nuri al-Maliki said on November 5 (November) last large warheads will fall in the case of the central bank, pointing out that he is not acting Iraqi funds and had no information on the size or the location of the deposit. Turkish responded Shabibi remarks by saying that the Bank Act allows the governor as the chief executive running the daily operations.

    He economist Imad Abboud said in an interview to «life» that «most observers the issue of corruption in the Central Mtogson of the results of the investigations carried out by a parliamentary committee, fearing Tsuifaa predecessors. He added: «the investigation leaked to the media, which revealed some very important facts, including the dominance of 10 banks eligibility solely on buying and selling the dollar in the auction the bank to reach Shobachm during the past eight months to about $ 30 billion», referring to «breaches other no less important included among the investigations, including the fake transfers about $ 56 million for the benefit of specific companies, but without showing actors behind these companies or banks.

    In response to a question about raising the value of the dinar, stressed that «Everyone knows that the value of the currency of any country determined by the world market leader central Talmusrv is controlling hard currency inflows to the market and their prices.

    Abood said central bank officials and former Bmsaihm government to enhance the value of the dinar, stressing the need to be of real value, not just numbers have no effect, What is the point of raising the value of the dinar, while the purchasing power of the individual will remain intact or will be.

    And invited member Economic Commission parliamentary Nora Salem to include the decision to raise the value of the dinar within a project to replace currency planned to start by next year, and confirmed for the «life» that «any action taken by the Central raises a storm of objections and turn things to exchange accusations exploited politically, it is possible to transmit so projects to Parliament for its opinion and approval.

    And effectively raise the value of the dinar, stressed that «the Iraqi citizen is not looking for numbers rise and fall, but for the benefit of the most important to restore the purchasing power of the dinar, compared to inflation of many of the economy during the past few years. She explained that «rates very high cost of living rose and became difficult on the consumer response, and impacted negatively on the food basket, any increase in salary rates collide rising materials prices, thus moving these returns only to secure a living.

    https://bit.ly/UzD5qb

    https://thecurrencynewshound.com/2012...-of-the-dinar/

  6. #26
    World Bank Consultant: Money laundering problem not born from the CBI alone, but other agencies as well
    Posted: December 16, 2012 in Iraqi Dinar/Politics
    Tags: Baghdad, bank, Central Bank Iraq, HSBC, Iraqi Central Bank, Money laundering, United States, World Bank

    International Expert: Anti-Money Laundering Central Aathmlha and alone

    12/16/2012 12:00 am

    BAGHDAD – Hkuran Fatlawi expert stressed at the World Bank that the anti-money laundering solidarity not borne the central bank alone, but borne by all relevant departments in the ministries of interior, finance and trade, Cdoaúr customs and taxes, import and export, pointing to the brunt located a result the central bank, which only work with banks because money laundering is one of competence.

    said d. Majid picture: One of the main reasons for the delay discovery of money laundering due to the lack of technological systems specialized in banks and exchange companies and money transfer and the relevant authorities. Stressed the importance of coordination and cooperation in this area to allow the central give authorities accurate information يستقيها of banks.

    Drew international expert Suri to the need so they can be creating professional cadres trained and providing hardware and mechanisms in all relevant departments in order to understand and follow up processes as a cornerstone of the follow-up revealed money laundering and smuggling. added Due to link such operations in the banking system is the duty of banks and exchange companies and money transfer Monitoring and follow-up of such operations and cooperate with the central bank for the initial investigation and inform the competent authorities in order to maintain its reputation and be abuse of the banking system as a whole.

    said Suri said the Iraqi Central Bank established a special directorate to follow money laundering as there are five administrative units in a number of ministries established for this purpose. confirmed that the picture of solidarity and responsibility and one in the fight against money laundering.

    https://bit.ly/UpJG70

    https://thecurrencynewshound.com/2012...ncies-as-well/

  7. #27
    9 trillion dinars to settle the country’s foreign debt in the budget of 2013
    Posted: December 16, 2012 in Iraqi Dinar/Politics
    Tags: Arab Monetary Fund, External debt, International Monetary Fund, Iraq, Iraqi Airways, kuwait, Paris Club, World Bank

    16-12-2012 10:00 AM

    Revealed estimates contained in the budget in 2013 to nearly 9 trillion dinars will go to the settlement of external debt.

    A report carried by the budget agency ‘JD’ that the total amount of debt settlement and compensation Iraq up to foreign DT 8.829,436.500.

    The report pointed out: that war reparations Kuwait $ 5553949.500 and settlement of external debt amounting 526500.000, while also pushing Iraq 1,436,273,000 billion dinars for the installments of the bilateral agreement with the Paris Club countries and countries outside the Paris Club.

    The report said: that Iraq pay 400,000,000 million to pay off the old issues of treasury transfers, and also will pay 41,856,000 million for the cash settlement of small debts to the private sector abroad.
    The report also: that Iraq pay dues Arab Monetary Fund for debt restructuring agreement in Iraq and KD 47.835000000, in addition to the premiums IMF loans, which amount to 239.823000000 dinars.

    The report addressed debt settlement Iraqi Airways and KD 233.200000000, Iraq also will pay dues settlement of the private sector by 4/9/2003 and of $ 350,000,000 million.

    Nora was البجاري parliamentary Economic Committee member; said in a press statement ‘The Budget 2013 included a paragraph is to allocate the amount to pay part of the foreign debt, and select billion and $ 445 million, representing 1% of the budget.’

    She explained: ‘The Paris Club debt was $ 142 billion previously been deleted 80% of them, and the remaining 20%, pointing out that this debt every year getting their benefits, so we want to end debt position on Iraq.’
    She البجاري ‘benefits from Tkplna debt large sums every year since the nineties and even now must work to repay to the fullest extent possible.’

    The MP added that it has been allocated $ 500 million in the budget of 2013 to settle the issue of Iraqi Airways with Kuwait, in addition to the Kuwaiti debt owed by Iraq as a result of the invasion in 1991 and a budget of up to 5%, equivalent to $ 5.5 billion.

    The MP said: We have a debt of as much as 8.174 million dollars will be paid in installments and represents the value of the benefits of debt that Astelvha Iraq from the World Bank to finance the budget deficit 2010, noting that Parliament refused to government borrows from the World Bank for the current year budget and next, filling the gaps of the amounts that we have. The debt drew البجاري to be paid an estimated $ 8 million to the International Monetary Fund (IMF) about the benefits of loans financing the deficit for the year 2010.

    She stated that Iraq also paid 6 million and $ 250 thousand for the benefits of foreign loans from European countries and other countries.

    And followed البجاري as Iraq working to extinguish the debt of the private sector abroad, which amounts to $ 189 million.

    She said: ‘Some countries refused to delete the debt position on Iraq, such as Saudi Arabia, which is still demanding Iraq $ 13 billion, as well as Kuwait did not waive its debt despite the goodwill gestures between us and them.’

    And said البجاري: ‘The external debt repayment installments and will be in accordance with the plans, calling on the Iraqi government to close the file of external debt once and for all and not handcuff the country in this private debt and he has a great economic power.’

    She stressed member of the Economic and Investment parliamentary deputy for the Iraqi List on the need to take government action fast and bold is close this file and save money for the benefit of the citizen through the services and strategic projects to build brown infrastructure, wondering: ‘Why states learned from debt at the expense of Iraq?’.

    https://bit.ly/GJf5yR

    https://thecurrencynewshound.com/2012...udget-of-2013/

  8. #28
    Source at Kuwait's Foreign Ministry: We are preparing to conclude 10 agreements with Iraq
    16/12/2012 21:25:00


    Baghdad (NINA) – Source at Kuwait's Ministry of Foreign Affairs said that his country is preparing to sign 10 agreements with Iraq.

    The source added that the agreements will be signed during the visit of Kuwait's Prime Minister, Jaber Al-Mubarak Al-Hamad Al-Sabah, to Iraq in the near future.

    In his meeting last month with President of Iraqi Journalists' Union, Mo'ayad al-Lami, and the media delegation accompanying him, the Kuwaiti Prime Minister said that he is looking forward to sign a number of agreements with Iraq during his upcoming visit to Iraq in December on the invitation of Prime Minister Nuri al-Maliki,.

    https://www.ninanews.com/English/News...ar95_VQ=GFDLFJ

  9. #29
    Parliament approves law on the Council of the judiciary despite the withdrawal of a State's law




    16/12/2012 08: 15
    The House approved the law on the Supreme Council of the judiciary, despite the withdrawal of the State of law Coalition deputies, discussed resolution prohibiting internal fighting., 41st at the start of the meeting, which was attended by 170 deputies, Parliament voted in accordance with the wishes of the legal Committee in agreement with the Electoral Commission to switch Word (entity) contained in the proposed amendment of provincial and District Council elections and the word (list) to blend in with the technical aspects of the Office.

    After the Council voted on the draft law on the High Council of the judiciary and legal Committee.

    For his part, Chairman of Parliament Osama Iraq thanked the Committee for its efforts in order to vote on the law, and called on the Council to speed up voting on the Federal Court Act.

    But the head of State of law Coalition block Khaled Al-Attiya announced the intention of his suit to the Federal Court to overturn approval of deputies to the Supreme Council of the judiciary Bill.

    Al-Attiyah said at a joint press conference with several Deputy mass: "we will make an application to the Federal Court to overturn a vote of Deputies passed a draft law of the judiciary and to the lack of quorum for the meeting and the vote on the law after our withdrawal from the meeting," he said, adding that "our objection to the vote on the law comes to our Federal Court Act should be approved by the Supreme Council of the Judiciary Act of deportation for political differences and auctions, because the laws are linked to each other, so the vote was illegal and unconstitutional.

    In the last, the Council discussed the subject of a decision by the House of representatives prohibiting internal fighting and prevent recourse to armed force at the request of Attorney-EE Val Khader said. in the interventions of Deputies on the draft resolution, he said the Khadr addressed the applicant to the social diversity in Iraq is healthy and is in all civilized societies, calling for parliamentary blocs and political figures to resort to dialogue instead of arms and stand firmly against those who try to ignite the flames of wars and armed conflicts.

    The Attorney called EE, the Khader a decision representative denied the infighting and originally prohibited by the Constitution and the legislation to which the prohibition is punishable both caused the maximum criminal penalties as well as isolation from politics altogether.

    And Attorney Abdul Hussein abtan referred to the significant achievements made in the political process during the last stage, ready to block cooperation ' with every sincere effort to achieve the safety and stability of the country.

    And Attorney Abdel Khader al-Tahir said the fighting, blood and war terms rejected by humanity, calling on the House to make efforts to resolve any issue.

    MP calling them full movie he that prohibition must be under the Iraqi Constitution and is consistent with the role of the State in the protection of internal security and control over State institutions, calling for a bill containing a deterrent to each of there by force.

    Meanwhile, 12 MP Haider Al-Mulla on the initiative of President Jalal Talabani to stop media campaigns between Baghdad and Erbil, calling on the House to support the initiative of the President of the Republic.

    Bahaa Al-araji, Deputy urged that the decision is in line with the Constitution and the powers.

    The Attorney also called Mahdi Haji resolution should be an active and serious Parliament proposing an emergency meeting between the three presidencies to defuse the crisis.

    The Attorney called morning Al Saadi to find genuine safety valves to prevent infighting, as well as the importance of a clear internal security strategy agreed by all.

    Meanwhile, Arshad al-Salihi MP to outlaw the infighting is a much needed, especially because everyone suffered days of the previous regime, stressing the importance of direct dialogue between the Government and the territory with the participation of an expanded parliamentary Committee representing all the blocks.

    MP Najib Abdullah the importance of strengthening the Iraqi-Kurdish brotherhood and not engage in any attempts to stir sedition and need to enter all in serious dialogue to prevent infighting.

    But Deputy Hanan Fatlawi noted the absence of any war or strife among Iraqis, a banner to a constitutional materials explaining the role of the armed forces in the various governorates of Iraq.

    In turn focused attorney names al-Musawi on the importance of Iraqi Army wide powers to protect the country's borders. ", between the House of representatives initiated the convergence of views between the Federal Government and the Government of the territory, where we reached a preliminary agreement under which work is under way, pointing out that the House's decision to contribute to the upholding of the Constitution, emphasize lack of consent to make the armed forces tool of repression would be in support of the constitutional texts.

    https://www.microsofttranslator.com/b...Fview.17321%2F

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