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20-01-2007, 03:45 PM #411
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"There is a paragraph about investment in this year's budget which provides for having the Iraqi dinar as the main currency in the 2007 budget," Sulagh said (Minister of Finance).
The head of the Research and Statistics, Dr. Mohamed Saleh:
The rate of 75% of the real exchange rate of the dollar to improve...
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20-01-2007, 03:49 PM #412
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20-01-2007, 03:56 PM #413
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20-01-2007, 03:59 PM #414
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Susie, I'll take whatever you can provide for us, rumors or news, they are all of great interest to me. I would also like to take this opportunity to thank you for all the time and effort that you, and your team, spend on obtaining information for members here. I'm sure they all appreciate it.
Thank you again.
Alan
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20-01-2007, 04:00 PM #415
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"There is a paragraph about investment in this year's budget which provides for having the Iraqi dinar as the main currency in the 2007 budget," Sulagh said (Minister of Finance).
The head of the Research and Statistics, Dr. Mohamed Saleh:
The rate of 75% of the real exchange rate of the dollar to improve...
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20-01-2007, 04:02 PM #416
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Centralized information sharing is all about keeping people informed. IF you do NOT want to read this information, you are welcome to go elsewhere. Keep it coming Susie, rumors, news, and your opion are what helps me decipher my investment options. Thank you.
Hope+Faith=Reval:
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20-01-2007, 04:12 PM #417
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20-01-2007, 04:17 PM #418
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Wow
Central Bank Governor: This year's budget focused on increasing investment in Iraq
Central Bank Governor: This year's budget focused on increasing investment in Iraq 20/01/2007Source: Translated by IRAQdirectory.com
Dr. Sinan Shabibi, Governor of the Central Bank, said that this year's budget is an investment budget because it focused on increasing the size of investment.
Shabibi said that the Central Bank's role is to treat the imbalances resulting from the development process that will produce changes in the basic economic structure.
He pointed out that the task of the Central Bank is to achieve development in a stable monetary environment through utilizing all means and policies to achieve economic stability, intact
Stressing that the Bank had made several measures including raising the exchange rate of the dinar, which had an impact on the budget through affecting the purchase capacity of the government; this impact will increase through dealing with inflation.
Shabibi added that: this policy will increase the confidence in the dinar, which will pull some of the money to the banking sector and rationalize the government spending because of its impact on inflation.
He indicated that this action will reduce the prices of imported goods such as the private sector imports and the government's imports for development that come from the conversion of the Iraqi dinar to the dollar.
Pointing out that the bank wants a means to affect the economic and monetary policy by making the dinar valuable and powerful.
http://www.iraqdirectory.com/DisplayNews.aspx?id=2990
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20-01-2007, 04:19 PM #419
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Iraq is preparing to receive the Japanese loan of 3.5 billion dollars
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Iraq is preparing to receive the Japanese loan of 3.5 billion dollars
Iraq is preparing to receive the Japanese loan of 3.5 billion dollars 20/01/2007 Source: Translated by IRAQdirectory.com
The Iraqi Ministry of Finance is preparing to receive the Japanese loan of 3.5 billion dollars by the end of this month after it signed an agreement with the Japanese embassy during the bilateral meetings held for the period from 12-18 last December in Amman. A source in the ministry said that the Japanese loan is expected to arrive this month and that it is specified for the implementation of projects of rebuilding Iraq. Those projects concern the sectors of electricity, oil, water resources and industry
http://www.iraqdirectory.com/DisplayNews.aspx?id=2991
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20-01-2007, 04:20 PM #420
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Upon receiving chairman of the fair. Finance Minister confirms the completion of the budget in 2007
Baghdad / Suha Shekhli
Yesterday Finance Minister Baqer Jabr Al-Zubaydi chairman of the integrity Radi Nadi, Nadi and reviewed the procedures and in the fight against financial and administrative corruption, which contributed to the transfer of a number of those responsible for these crimes to justice to receive their fair punishment and the achievement of a just rule of law. For his part, Minister of Finance said that the ministry had completed the 2007 budget in a timely manner and presented to the parliament for approval and direct distribution to ministries and provinces to begin the process of implementing projects that contribute significantly to rebuild the infrastructure of the country.
The minister said that he had decided to send a copy of the budget to the integrity and financial control for the purpose of the follow-up process for its rate and extent of legal manipulation, which negatively impacted on the implementation of projects for previous years.
The Minister of Finance said that the body to create a culture of integrity, especially among workers in the state organs that include public funds belong to the people, and tampering with the crime punishable by law does not exclude any person from his position in the State.
Translated version of http://www.uruklink.net/
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