Baghdad pledges to provide a suitable environment for investment
Baghdad Province, announced Saturday, pledged to provide a suitable environment for investment and the transfer of powers to sustain during the next stage.
Governor of Baghdad, the statement said Atwan, settle their suspended problems/balance of news copy, to “settle their suspended problems attended the meeting of the supreme body for coordination between the provinces, chaired by Prime Minister Haider Abadi, attended by heads of provincial governors and representatives of some ministries.
The Office added that “the meeting discussed many aspects of SOA, security and the return of displaced persons and the financial challenges facing the country, in addition to providing an enabling environment for investment and the transfer of powers”, stating that “the meeting stressed the need to improve service and urban projects actually stalled due to the financial crisis.”
He explained that “the meeting discussed the need for regional development projects with advanced ratio amounts to complete its work.”
The meeting stressed, “keen to maintain full financial dues collected from the general budget to be able to resume work on stalled projects due to lack of funding.”.
Read more: http://www.dinarupdates.com/showthread.php?48584-Baghdad-pledges-to-provide-a-suitable-environment-for-investment
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Abadi to declare Mosul ‘completely liberated’ next Saturday
Iraq’s city of Mosul will be declared ‘fully liberated’ from the clutches of ISIS terror group next Saturday, sources close to Prime Minister Haider al-Abadi said Thursday.
The Iraqi flag will be raised, and the last bullet will be fired there by Abadi himself, they added.
Few parts in the city are now under the control of ISIS. And they are about to be liberated, the sources further noted.
Nineveh provincial council member Hossam al-Abar said that the Old City of Mosul and the Grand Mosque of Nuri were the starting point of the self-styled caliphate of the terrorists, and the security forces will annihilate the terrorists at the same areas.
Read more: https://dinarupdates.com/blog/
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“FaceBook LIVE” w/Call-in from Sunday w/BGG
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Iraqi national project sponsored a conference entitled “Iraq unit from South to North in Baghdad.
Iraqi national project continues sponsorship of conferences and activities that correspond to its orientation, aimed at establishing a modern civil State an incubator for all Iraqis without exception.
Activists have been held in Baghdad and other Iraqi provinces the first Conference sponsored by national Iraqi project under the banner of Iraq unit from South to North, which included tnsikiat protests from eight provinces.
Participants stressed the need to counter attempts by the Division are working on some political actors across seminars during the Conference examined Iraq’s situation in General and the reality of events and their relationship to the future of the country since it was agreed on identifying the key demands of protesters and put a worksheet be agreed away from politicizing the demands that work on some actors to confiscate people’s voice penetrated the demonstrations as well as identifying problem in Iraq that it is in the political process and Constitution that became a tool for the difference not to standardize ingredients.
The project is a cross-sectarian Iraqi national and partisan draft for a promising future for all Iraqi
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Backdoc (Dinar Guru) – AS I RECALL, ONE ARTICLE MENTIONED THAT MOSUL WOULD BE ANNOUNCED ON OR BEFORE THE 30 th. EVEN THOUGH WE SAW ARTICLES ABOUT THE SAT. POSSIBILITY, I THINK …THAT TODAY’S ARTICLE IS SIMPLY A POWERFUL TEASE FOR WHAT’S COMING. I WOULDN’T BE SURPRISED TO SEE A RATE CHANGE JUST IN TIME BEFORE FRIDAY THE 5th. OF COURSE THAT GIVES THEM A TUES. WED. THURS. WINDOW. MANY OF US REMEMBER OVER TWO YEARS AGO THE U.S. TREASURY DEPT. CHANGED THEIR INTERNAL RULES SO THAT THEY COULD PAY BILLS WITH FOREIGN CURRENCIES. NOW WOULDN’T THAT BE MORE THAN CONVENIENT FOR A TIME LIKE THIS? IMO.
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Frank26 (Dinar Guru) – Article: “Planning Minister emphasizes the need to prepare a new development plan for the post “Daesh” So does the CBI with the Lifting of The Three Zero’s …POST DAESH …
Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – Article: “Central Bank: No distinction between foreign and Iraqi banks and currency auction” Quote: “…the existence of discrimination to deal for the Central Bank of Iraq between banks operating in Iraq, whether foreign or Iraqi, but on the basis of classification because they are part of the Iraqi banking system.” This is an important statement for the CBI to make… this is a requirement of Article VIII (and it has been referred to several times in the consultations) to not only liberalize the foreign exchange, but make it available at any and all banks. A good step to show the IMF the CBI is trying to comply.
Read More: http://www.dinarupdates.com/observer/
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Anbar Council demanding the liberation of the western regions
Student Council of Anbar province, Sunday, starting with the western regions of edits in Western Province, pointing out that hundreds of families detained terrorist organization ISIS Western Anbar.
And Mohamed Yassin said that “areas and about weraoh and controlled by organizing terrorist ISIS still there hundreds of civilian families which are held hostage by the ISIS human shields and prevents anyone from getting out of their homes at gunpoint and killed dozens of innocent people by attempting to escape from their areas.
“The Security Cabinet confirmed Western liberation battles starting after completion of the cleansing Mosul but need western areas of investigative battles start now and finish ISIS elements existed in those areas.”
Yassin noted that organizing ISIS besieged Western regions and prevent its people escape three years ago with the capture of State services and security centers in early 2014 and yet still under the grip of terrorism and control existing port and the border between Iraq and Syria.
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Run for your life from any man who tells you that money is evil. That sentence is the leper’s bell of an approaching looter. – Ayn Rand
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Parliament issued a resolution today on rocket shots and discusses the granting of a long leave to an employee
House of Representatives held on Sunday, its usual, which will vote and discuss a number of laws and subjects.
And it includes the agenda of the meeting View the project included the Judicial Institute to the judicial authority on the law of the Council for a decision to withdraw and the completion of the vote on the draft legal inmates and depositors reform and the completion of the vote on the second draft amendment to the law guards nightclubs No. 8 Act of 2000
It also includes a decision obliging the government to take action against absolute shots the first reading of the legislator Health Insurance Act, the first reading of the draft law of the State Council .
It will discuss parliament project report granting the employee a long routine leave and treatment of contractors situation law and propose a general topic for discussion about the difficulty of coordination and follow – up committees of ministries Halal performance tasks oversight in accordance with the Constitution and a general topic for discussion about disabling the Kurdistan region ‘s parliament.
Is also included in the agenda , ” a general topic for discussion about the rights and privileges stipulated in the laws of return to the institutions of martyrs and political prisoners and a general topic for discussion about re-martyrs ‘families to units of non-combat and a general topic for discussion regarding the state ‘s institutions and bodies acting administration
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Iraqi Dinar/Dollar auction 04-30-17 (most recent listing)
Currency Auctions Announcement No. 3432
This daily currency auction was held in the Central Bank of Iraq on the 04-30-2017
| DETAILS | NOTES |
| Number of banks | 34 |
| Number of remittance companies | 10 |
| Amount sold at auction price (US$) | 162,103,675 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 162,103,675 |
| Total offers for selling (US$) | —– |
Read More: http://www.dinarupdates.com/observer/
Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars
Most of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.
Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa’bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the “11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground , the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?
– No at present intention to issue a higher class category (50000) dinars.
* What about the subject of the deletion of zeros and the reason for the delay?
– the decision on the deletion of zeros cannot be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit from the provinces outside the control of the state for the years 2014, 2015, 2016 which prevents certainly to wait in the implementation of this project, in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump – sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.
* How is the cost of the annual replacement and replacement of damaged currency?
– First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new banknotes specifications better used at the same time damaged to the replacement of currency from the previous editions .
We seek to carry out an information campaign to distinguish between original and counterfeit currency
* How discovered the counterfeit currency of the size?
– The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty – five million paper sheet).
* What currency damaged by fire or poor storage of citizens compensation mechanisms?
– While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.
We applied security methods with modern technology advanced counting and sorting currency
* What future plans for the central bank currency and print?
– Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.
* How much is the size of the torn currency and how much of the size of the printed currency?
– The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1288.310 | 1287.666 |
| British pound | GBP | 1527.360 | 1526.596 |
| Canadian dollar | CAD | 869.055 | 868.620 |
| Swiss franc | CHF | 1192.346 | 1191.750 |
| Swedish krona | SEK | 135.030 | 134.963 |
| Norwegian krone | NOK | 137.984 | 137.915 |
| Danish krone | DKK | 173.191 | 173.104 |
| Japanese yen | JPY | 10.638 | 10.633 |
| Special Drawing Rights |
SDR | 1621.003 | 1620.192 |