"Baghdad Bobs" Daily Report Monday December 17, 2012
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Thread: "Baghdad Bobs" Daily Report Monday December 17, 2012


    
  1. #1

    Post "Baghdad Bobs" Daily Report Monday December 17, 2012


    Parliamentary Finance: ground is prepared for the process of lifting the zeros from the currency in 2013

    Sunday, December 16 1 / December 2012 06:01
    [Baghdad where]

    Excluded by the parliamentary Finance Committee, Majida al-Tamimi, the lifting of the zeroes from the currency in 2013, noting that "the earth is ripe for replacement."

    Tamimi said in a statement told all of Iraq [where], "The process of lifting the zeros from the currency in 2013 depends on the nature of the policy of the new central bank governor," adding that "according to the previous vision of the bank is supposed to be raised."

    She pointed out that for its "not arrive until the day the book from the central bank about the process of lifting the zeros or postponed", drawing attention to the "ground is prepared for the process of lifting the zeros from the currency, especially if there is fear from entering the currency forged and replace currency original thus happens inflation allowance reduce trading. "

    The Cabinet had in its meeting held on April 10 last patient in the application process of deletion of zeros from the national currency until further notice.

    The Central Bank of Iraq, and on the lips of bank adviser appearance of Mohammed Saleh, has confirmed to [where] the need for Iraq to process administrative reform of the currency cash, and that the project to delete the zeros is a step comes as part of the country's need to process administrative reform of the currency, in order to reduce the cost of cash transactions in the economic process, in addition to the need to provide small denominations coins used in daily circulation of small transactions.

    The officials at the central bank, as well as some politicians and economists, urged the government to delete the zeros from the currency, and the issuance of a new currency denominations large cash, in addition to a small Coins.Observers say the government really intends to delete the zeros from the currency as a step towards improving the purchasing power of the Iraqi dinar, but economists played down the importance of this step, considering that the cost of raising the zeros will be greater than the benefit expected from the lifting of zeros. Ended 2



  2. #2
    House of Representatives raises its next Sunday for lack of quorum
    01:38:17 / 12/2012


    Khandan - raising its House of Representatives for the day, to Sunday 12/23/2012, for lack of a quorum for the meeting.

    The source said a parliamentary reporter "Khandan" in the House of Representatives, that the Presidency of the Council of Representatives decided to raise today's meeting to next Sunday, for lack of quorum for the meeting, explaining that the number of members who attended today's meeting reached 146 deputies, adding that the quorum needed to attend 163 deputies .

    The agenda of the meeting of the Council of Representatives today includes voting on the draft law of the First Amendment to the Highway Code No. (35) for the year 2002, and vote on the proposed law first amendment to the Law of the Ministry of Industry and Minerals No. (38) for the year 2011, and to continue discussing the draft budget bill for fiscal year 2013.http://translate.google.com/translat...%26sid%3D91173

  3. #3
    Osman accused state law to block the Federal Court Act to keep the current court

    Monday, December 17, 1 / December 2012 13:36 | : Ambassador News

    {Ambassador: News}Accused member of the Kurdistan Alliance MP Mahmoud Othman, Monday, State of Law coalition led by Prime Minister Nuri al-Maliki of trying to block the enactment of the Federal Court, with a view to maintaining the current lineup court.Osman said in a press statement that "the parliament failed, the first on Saturday, in the enactment of the Federal Court of lack of a quorum for a vote because of the withdrawal of State of Law bloc of the meeting," adding that this shows that the bloc wants to keep the Federal Court of current and not to change its president Medhat Mahmoud. "Othman explained that "this law presented to Parliament more than once during the previous period has not been prescribed because he needs the votes of two-thirds of the members of the Parliament for approval."



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