Thread: Iraqi/Dinar news until March 1st, 2007

Originally Posted by Countrygirl70

Patiently for NOW..which by the way is anytime to the end of March.

cool, then this means some members of the forum wont be worried about the revalue until end of april and constantly making negative comments. YAYYYY!!!!!!

2007The Presidency ratified the federal budget bill e for the financial year 2007

February 25, 2007February 25, 2007


صادق :Sadik of the Presidency, Assembly at its meeting held on Thursday 2-22-2007. law No. (4) special budget for the federal for fiscal year 2007, which reads as follows :
"باسم الشعب"In the name of the people
مجThe Presidency
(4)Decision No. (4)

بناءًور .Based on the approved by the House of Representatives in accordance with the provisions of article e (62) of the Constitution, based on the provisions of paragraph (stadium violation / a) of Article Eight hundred and thirty of cupolas Introduction 2.

قررالأتي:Council decided the presidency Assembly at its meeting on February 22 / 2 007 issued the following law :

رقم (4) لسنة 2007No. (4) for 2007
2007The federal budget for fiscal year 2007

( الفصل الأول )(Chapter I)
الإيراداتRevenue

المادة (/ 2007 بمبلـغArticle (1) First : estimated revenues of the federal budget for fiscal year / 2007 amount
( 42064530267 ) الف ) ) thousand dinars (Forty-two thousand Loire circulation billion, the 60th, 30th and 500th and 200th million and sixty-seven thousand dinars), as shown in (Table / aa according to the revenue accounts major) of this Supplement Act.



ثانياً : ائي .Second : require ministries and non-related to the Ministry of crediting all amounts of the grants it receives Abrda "final"% treasury and the Ministry of Finance re-allocated Lalla transformation granted for which coordination with the Ministry of Planning and development cooperation.

( الفصل الثاني )(Chapter II)
النفقات والعجزExpenditures and disability

ي:Article (2) first : Expenditures-sum of (51727468005) A. de fire (Fifty-one thousand, seven hundred and twenty-seven carefully R. four hundred and sixty-eight million, five thousand have t) expenses for the fiscal year 2007 is distributed according bed / 3 (Table / b-expenditure by ministries), attached hereto a the law, as follows :

أ – مبلغ مقداره.The amount of a - (12665305000) thousand dinars (Twelve Nest R. thousand six hundred and Sixty-five billion, three hundred and five one million dinars) for the expenses and capital projects distributed according field / 2 (Table / b-project expenditures Alastth Marais) to the present law.
ب – مبلغ.B-amount of (39062163005) thousand dinars (nine% pw for Athon thousand and two hundred billion dollars, the 60th and 60th and three five thousand million dinars) distributed according bed / 1 (ef States / b operational expenses) to the present law.

ثانياً :.Second : the deficit-the total deficit planned for the budget Alvdra Why for the financial year 2007 (9662937738) thousand dinars ( nine thousand, six hundred and sixty-two billion nine hundred and Thirty-seven million, seven hundred and thirty-eight of P dinars) covers this deficit amounts of recycled for Moi weight in 2006.

(( ))((Chapter III))
ــ ــAdditional allocations
المادة ــ.Article 3 first-sum of (1657515204) thousand dinars (one thousand, six hundred and Fifty-seven billion, five hundred and fifteen million and water Tan and four thousand dinars) contingency reserve within appropriations other expenses for a budget of the Ministry for financial.
)Second-sum of (3000) reflect R. dinars (three thousand billion dinars )
لـ( تي:Told (Amaro development projects Allakal happen and provinces) are distributed Kala T :
أ – حسب) .A-hearts as each province (including share of the Kurdistan).
ب –:B-Amahromih as in the preparation of the Ministry of Planning and Alta Wan development standards such Amahromih to not interrupt y you distribution by the hearts of all provinces (including the share of k Rdstan) and implemented in the following manner :
1ـ يقدم ة .I submit governor reconstruction plan and the preservation district and the aspects of them to take into account the more Tad Erra within the province for approval by the governor e.
2ـ نفيذ .The two conservative implementation of the plan is acceptable ages and assumes j maintain responsibility for overseeing the implementation.
3ـ .3 The Ministry of Finance is the overall supervision and follow-up and rates.


(( الفصل الرابع ))((Chapter IV))
ــ احكام عامة وختامية ــThe general and final provisions
المادة ــ 4 .Article 4 restricts the exchange of Bedim births principal accounts (grants, subsidies, other expenses and project expenditures Pra Smalih) of the budget Alvidral Yeh of the Republic of Iraq, Ministry of Finance, the Minister of Alma Why delegation of ministers and heads of non-pain Rtbatth Ministry directly on the validity of exchange some of the key levels of the above-mentioned accounts.

المــــادة ــ 5 ــ .Article 5, the Finance Minister Tekh Lowell ministers and the heads of Guy Ralmertbatth Ministry Sillahi e transfers between a dependent T. enormous federal budget Rayya Iraq and validated the unit of exchange to other pence for did not exceed (10%) of the ten water e appropriations certified Here in the annual budget or supplemented Yeh of the Joint other exchange, which had been reduced 2,293,100 Ha subject to the provisions of section (8) section (9) of the Financial Administration Act No. 95 for the year / 2004 that are not transfers of allocation T. expenses to capital projects expenditures Alcgi Why not be the allocations to non-financial assets article salaries within operating expenses.

المـــادة ــ المال ية.Article 6 of the Finance Minister Astekh long told the amounts approved (contingency reserve) under P j item (I) of article ( 3) of this Act Lets Dade emergency expenses e unexpectedly after delivering Ed this law if it T. There is a pressing need for the nose Requests in Iraq and the failure bc Dr. allocation to cover the Hajj e Reduction (25) billion dinars (five and Twenty billion dinars) in the k l case and if it exceeds Almbl G. limit mentioned Tsthoss approval of the Alozra automatic proposal of the Minister of Finance Yeh. المـــادة ــ 7.Article 7 used Alaatm births validated in this a the law was up to 31 won the first of the year, money Yeh / 2007 Income pain after costing Kabbord any financial year / 20 07 income "for the budget year subsequent.

:-Article 8 of the competent Minister Ore non-balance worsens e validity of the Ministry of Els a shelf not more Might j (500) million dinars (x Msmaeh million de flames), and authorize the Chairman of purchase of departments for the EU, or the Guy R. related to the Ministry of receipts live commitment and Els both shelf "or not part Iz hands on (500) million debt TR (five hundred million dinars. ) in each case with M. Mayati took into account : -
أولاً ـددة لــها.First-rate to be in accordance " the credits validated a in the annual budget For the purposes of supplementary or hinted Dedeh them.
ثانياً – ان .Second - that will be used Alaatm births allocated in the budget Bom shall spending plan certifies Ha, Minister of Finance.
ثالثاً .Thirdly adherence appropriations pain allotted in stabilizing e and may not engage in Alaltz Or besides including more than cousin a is devoted to getting acquainted weight.

المــادة .Article 9 of the Finance Minister Xie birth appropriations ratifiers The necessary to cover the cost of Ala capital of the some of the state Llg Income Limits saw holdings Yeh on the implementation of the broader if the support of impatience appropriations brain Sash in the budget.

لأج لها.Article 10 restricted amounts of donations Lau ministries and non-related to the Ministry after the acceptance of the Minister of Finance, final income for the public treasury that the Minister financial allocation from the ministry or the adoption of non - related to the Ministry for disbursement according to the purposes for which it was granted Lag them.

فــ ــــق الاتي :-Article 11, to the Minister of Finance Yeh authorization Minister and Chairman of purchase of non-related to the Ministry of sending requests and the Construction and Walt j not provided for in the budget year / 2007, Al according to a shelf above Alafqa Rtin (First and Second) of the e Settlements article to be calculated upon j appropriations budget 2000th Dralih for the year / 2008 P s follows : -
أولاً – قيم الطلبات والمقاولات.First-current expenses-paid his predecessor a purpose of the increase does not exceed (10%) ten e% of the values and construction applications.
ثانياً – عـــــن ذلــــك.Second-capital projects : - the payment of advances for the purpose of the increase does not exceed (2 5%) of twenty-five cent of the Afterward m applications, contracting, and bring into approval by the Council of Ministers if the amounts more than that.



المادة ــ .Article 12 provides first - and ministries and departments of State all accounts monthly (the balance Murr Agan) in a later period did not exceed (10 no Or) from the end of each month to visit e-financial accounting department.
المالية.II - The Ministry of Finance Challenge d projects and expenditures Alastthm Ariah be performed by s but State ministries on Moshari p provinces and territories are supervision and implementation a coordination with the provincial assemblies and governors and the Ministry of Finance.
.Thirdly may not make any Manakula e allocations within the reconstruction and development of projects among regions and provinces nationwide.

المادة ـ5 لسنة /2004 .Article 13 of the Finance Minister refine l amounts Almassero Fe amounts of silver within this budget Alvidral Yeh to 2006 for the development of M quick Aemaralmhafezat Wang Ashe Marsh allocations to Jah e beneficiary exclusively for disbursement through S. costing / 2007 to Angazalmcharia Astt Naa "provisions (Section of fourth-P / 1) of the Act Alada No. danger of financial / 95 for the year / 2004 .

المادة ــ 14 ة.Article 14 of the Minister of Finance and coordination with the Ministry of Planning and Development Cooperation redeployment allocations approved for projects in the budget / 200 7, which account for not implemented (25%) of the allocations in the past the first half of the fiscal year and transferred to other projects exception of the ــ 15الخاصتبه ال ذي يتareas which begins Walt Implementation of the visit for security reasons.

المادة Article 15 first-employee at the transfer of d Arh of the state's departments centrally funded or a self - I assume the private sector and the Ministry of Finance of half his salary a sum of the transferred for a period of two years ray Tabara of the date of transfer to falling obey relationship of the elections altogether.
اليها .Second-Service employee transferred them regardless n parked salary stipulated in item (I) of the rule to hand transferred to the private sector.

المادة ــ16المطلوبة.Article 16 authorizes the Secretary of Bel Diat Public Works and the validity of a reallocation Bi n allocations budget of the Municipal Corporation self-financing for the implementation of the required services.
المادة .Article 17 first-determined share of the least happen by Kurdistan (17%) of the total Allen Fugat outlined in (Table / d expenditures ruling) Supplement this law, which represents an amount e (974292100) thousand dinars (Tsamae e and seventy four billion and water Tan and ninety-two million water e thousand dinars) that is not disposed of such a quota only after consultation and tennis central forth between the ministry and the ministry concerned in the Kurdistan Province.
ثانياً – .Second-determined percentage (17%) of seven Nest t% of the total operational expenses and Tunnel AT capital projects for parallel costing federal enormous Rayya and Iraq except for the sovereign (the House of Representatives, the Presidency of the Republic, the Council of Ministers, the Ministry of Foreign Affairs. the Defense Ministry. wage negotiations and demands AT legal religion etc. Shâhrawân, wages scrutiny and Matab Eh, prosecuting funds P j abroad. Ajortdqiq company Ernst and Young, contributing to the cost of producing oil, etc. Or source, the benefits of World Bank loans, interest on the bonds transfers a the treasury, the benefits of bonds to extinguish my father Wen external to the private sector, the amounts of States Yeh and Arab, the capital of the Central Bank of Iraq j, war reparations payments Ko Witt, the debts of the Islamic Bank, dues institution pw mound Investment Guarantee wages scrutiny oil-for-food program, and the intelligence apparatus at the Iraqi National Adoption counterweight Teh by the Council of Ministers), and is allocated to the expenses of operating expenses and capital projects for less Kurdistan happen.
المذكورة أعلاه .Thirdly when the increase in the tunnel AT federal budget of the Republic of Iraq Add proportion (17%) of this the increase proportionately "to balance pw William Kurdistan taking into account the provisions of item / II "of this article including modifications to the expenditure Sovereign relocation expenses due to expenses p nation same percentage mentioned above.
رابعاًــ .IV provides Kurdistan falling DERA "for the expected revenue fell for years / 2007 and disclosed revenue generated Age Watt (2004 - 2006) from all sources Witt under all income for the calculation of the federal budget.
.V. - is the agreement between the Prime Minister and the President Alagh William T. tunnel on the arming and equipping Guard territories as part of the m Nazomh national defense.

.Article 18 All revenues Aldo Soupcon funded centrally "income" final "for the exchequer, the general of the State and is reflected in the balance of pain back.

.Article-19-shift the communications and media (90%) Ayadatha accumulated from the public treasury of the States e pending approval of a new law of the body.

.Article 20 is committed to the ministries and Jaha T.-related to the Ministry of b (Table / c-number of forces working for ministries and departments funded centrally "for the year / 2007) to the present law.

Article 21 is committed to public companies taking into account the provisions of Section (8) of the Code of Administrative a for the financial year to No. 95 / 2004.

المادةون.Article 22 The ministers exclusively purchase of non-related to the Ministry and the heads of area S., governors and local municipalities implementation of the Alcan won.

المادة – 2الجمهورية ، رئاسة الوزراء ) .- Article 23 - a law that defines the House Sala alive and financial controls rate of the three presidencies (Rea seh the House of Representatives, the presidency of the republic, the prime minister).

المادةـــــونArticle 24 of the Finance Minister to issue instructions of needed to facilitate the implementation Ahh Cam Law

المادة ــ25ــ /2007Article 25 This Act shall be published in the running this official and implemented from 1 / Kanu n II / 2007

طارق الهاشميTariq Al-Hashmi عادل عبد المهديAdel Abdel Mahdi جلال طالبانيJalal Talabani
نائب رئيس الجمهوريةVice-President of the Republic نائب رئيس الجمهوريةVice-President of the Republic رئيس الجمهورية"President of the Republic "



Iraqi Presidency

Watch for the key words……..non-iraqi nationals, non-iraqi adults, Iraqi citizens, cash, banknotes


WARDEN MESSAGE

February 23, 2007

The Embassy requests that wardens pass the following message in its
entirety to members of the American community:

The Ministry of Foreign Affairs of the Republic of Iraq has released
updated regulations for non-Iraqi nationals exiting Iraq with foreign
or Iraqi currency.

Since December 25, 2005, Iraqi law has prohibited non-Iraqi adults
from transporting more than U.S. $10,000 in cash out of Iraq. Iraqi law
also prohibits carrying out more than 100 grams of gold. As of February
21, 2007, Iraqi law NOW prohibits non-Iraqi adults from transporting any
Iraqi currency out of the country.

Iraqi customs personnel are taking action to enforce this law and may
pose related questions to travelers during immigration and customs
exit procedures. (Civil customs personnel also will verify passport
annotations related to any items such as foreign currency, gold
jewelry, or merchandise that were declared by passengers upon entry into Iraq
on Form-8.)



Original post December 25, 2005
Controls on trade in banknotes: Iraqi citizens may take out of the country up to 100,000 dinars in dinar banknotes and up to $10,000 in foreign currency notes; foreigners may take out foreign currency up to the
amount they declare when they enter Iraq; both Iraqis and foreigners may bring in foreign currency banknotes (except Israeli currency) in unlimited amounts, provided that they declare it; amounts not intended to be taken
out of the country are exempt from declaration.

Iraqi-American trade forum
Source : Ilaf-25 / 02 / 2007

Iraqi-American trade forum Concluded in the city of Irbil activities Dialog Forum Ar American Christians were held with businessmen off n explored, and the Americans over two days a number of Altos lei filed before the Iraqi and American particularly with regard to the establishment of joint ventures and exchange of news AT addition to the investment in the different regions of Iraq .

The farmer Abdel Hassan said in the Sudanese Kemair e Business Forum that the Iraqi government wishes uniforms birth of the volume of trade exchange with the United States and the take advantage of the accumulated experience of the economy Americas j and the possibility of the participation of American companies and businessmen Ala capital Iraqis and Americans to invest in the the country safe areas, which are political stability.

He added that the Iraqi government provided security climate Wa for legal and which allows all companies referred Keh in investment after the issuance of the Investment Law Capricorn d, which opens the door wide for companies% pw for Mia and Arab to start a new page to take advantage of the escaped Sah investment in the different regions of Iraq. and Ja He said Frank Levin, undersecretary of the Ministry of Trade American b The United States values the initiatives working in the the Iraqi economy and the Iraqi government after the policy new measures to open up the market and leaving Elsie Asat previous restricted Iraqi economy and made him delayed The world economies are evolving.


He added that Levin Business Dialogue provides the opportunity for men the work of Iraqis and Americans in the exchange of experiences and agreement on joint recommendations serve their common Witt jumped opportunity flexibility within the new verification mechanisms Alfad e economy and serve the two peoples. The Minister of Construction and Wallace the statement Dizah Ivanov had explained the actions of the button elsewhere building housing complexes and the need for Iraq to two million and half the housing units in addition to building the infrastructure Mush Quadrennial Ministry, which had been destroyed by the operations of a the military and thefts.


She pointed out that the ministry has prepared programs and projects aim m Nha contribute to the reconstruction of areas of the country by building a schools, hospitals and government departments, in addition to Sam other revenue, The Minister of Industry Fawzi Hariri, that he hopes that exterminated danger dialogue commercial gains and Jazat serve the trade and take advantage of shared experiences of Iraqi businessmen and only Merikiin in the field of investment in the areas of the surface of Kurdistan the minister terrorist act carried out by his ministry in Alanteka to the free market, which has been described by the policy Takhd m industrial development process that contribute to the development side of Iraqi lighter.


He added that his ministry has more than one / 240 / laboratory and factory T. PEOPLE managed more than 60 industrial sectors, including a to build heavy engineering, textile, pharmaceutical and Altenm Yeh and planning of these companies serve the broader reconstruction program TR and provide basic experiences enjoyed by Iraq and they needed in the service of development, which is confirmed by the the Iraqi government is 0-0.

Chairman of the Federation of Iraqi businessmen confirms : Central inadequate procedures
To revive the purchasing power of the Iraqi dinar
Source : Al Sabah-25 / 02 / 2007

The President of the Federation of Iraqi businessmen willing Pilip told that the procedures for the Iraqi Central Bank to raise the price of A. Adh to curb inflation is not sufficient to power a recovery the purchasing of the Iraqi dinar. He sounded the alarm to the intersection of these procedures with the orientation of a god the wheel to activate the role of the private sector in development because it Regrettably SUPPLY primarily on borrowing from the banks.

He said in a press statement : that re-operate factories and laboratories and small Almto waist will contribute to the solution part of the problem of unemployment, that goal as at 16 May 2003 65 II this calls for the State to the need to adopt this approach because a the economic solutions must be broad and comprehensive, not Tha when told parts that intersects goals.

Blebel also said that raising interest incompatible with the orientations of a the government about the transition towards a market economy, and raising interest rates is in the withdrawal of cash, which is Bal the basis is not available on a large scale, these procedures established by the Central Bank of Iraq j will cripple the economic movement in the Atsahm tame Altd poultry, Blebel added that the inflation rates in the country and arrived in Ak been more than (70%) and the reasons are known, where to raise the prices of oil derivatives to the rise of the prices of various goods and, Furthermore, the Central Bank of Iraq the principle of increasing the prices of the since the beginning of the benefit (2006), as interest rates were it gives the banks at the beginning of 2006 is (4%) and infect Erosion then 20% of this policy hinder (the private sector pw of high) because borrowing from the banks in this case is p Bea on the industrial investor, or the fact that sunspots are high e and unfeasible It is well known that this sector depends on the the banking sector in the provision of liquidity,

The declared policy of the Central Bank is pursuing a cash lead to tame inflation, but what happened since the beginning of the year (2006) to the end of the year is the rise in inflation rates and escalating steps, which led a contraction in the economic situation instead of activating Alou pace of economic, Add to this that productive activity in the country almost paralyzed The reason is due to the dumping of foreign goods the country M. p distinct lack of quality control and customs duties, in addition to the disruption of basic services, which j Aatmad by the private sector in relation to the project productivity, "Electricity, energy, the security aspect "and there is a lot of industrial facilities e stopped or closed by the steps, "a Central Bank the Iraqis "did not correspond to tame inflation. note that the Iraqi private sector all kinds depends largely on the banking sector in the provision of liquidity

Therefore, the increase in interest rates which followed the form the Central Bank of Iraq, and has pledged to government banks Wa this limitation of civil actions that would lead to a lifting of interest rates on the borrower by 23% and will go Alva this advance, the sense that the real figure for the rate of interest will be a Rumors of (26%), this trend can not private sector the Iraqi move might simply borrow or automobile production or Wallace Tthmarih, it needs to liquidity and that these measures will prevent P close investment in the country (Blebel) said that there was a Qatsadeh solve these problems, although the theme of "unemployment" is a significant dilemma, if not skeptical told a central high and they seek a state level body for emergency "Blebel" also demanded that the body be six Ratejeh to address the problem of unemployment and then recover Cem

Regrettably, the economic sectors, The solution to this problem is very important and must look at him in seriously. Building of the above economists believed that the choice of n Adam exchange practical focuses on the measurement of a narrow j in a macro-economic stability and is intended T. few differences in the level of real output or price or real consumption in the light of random shocks,
It is natural that exchange rate stability is desirable not empowerment is a low degree of uncertainty.

So concluded an economist to say at the event insisted TR directions of the Central Bank to increase the interest rate it not% eye on the government to take action to provide Zemin scourge of private banking and lending policy, especially the development of Gata p private individuals or special fund so.

Originally Posted by shotgunsusie

..:: æßÇáÉ ÃäÈÜÜÜÜÜÜÜÜÜÜÜÜÜÜÜÇÁ ÈÑÇËÇ ::..

the last line there indicates that this is the official publication of the budget ratification and as of the 1st its to be implemented, imo.

And this version of it has the stamps of siggy's on the bottm.

Article 24 of the Finance Minister to issue instructions of needed to facilitate the implementation Ahh Cam Law

المادة ــ25ــ ينشـــر هذا القانون فـــي الجريـ ـــــدة الرسمــــــية وينفـــــذ مــن 1/ كانو ن الثاني /2007Article 25 This Act shall be published in the running this official and implemented from 1 / Kanu n II / 2007

طارق الهاشميTariq Al-Hashmi عادل عبد المهديAdel Abdel Mahdi جلال طالبانيJalal Talabani
نائب رئيس الجمهوريةVice-President of the Republic نائب رئيس الجمهوريةVice-President of the Republic رئيس الجمهورية"President of the Republic "

Originally Posted by neno

And this version of it has the stamps of siggy's on the bottm.

Article 24 of the Finance Minister to issue instructions of needed to facilitate the implementation Ahh Cam Law

المادة ــ25ــ ينشـــر هذا القانون فـــي الجريـ ـــــدة الرسمــــــية وينفـــــذ مــن 1/ كانو ن الثاني /2007Article 25 This Act shall be published in the running this official and implemented from 1 / Kanu n II / 2007

طارق الهاشميTariq Al-Hashmi عادل عبد المهديAdel Abdel Mahdi جلال طالبانيJalal Talabani
نائب رئيس الجمهوريةVice-President of the Republic نائب رئيس الجمهوريةVice-President of the Republic رئيس الجمهورية"President of the Republic "

neo what exactly does this mean in laymans terms?

Originally Posted by dinartank

neo what exactly does this mean in laymans terms?

المقالات التي تنشر في الموقع تعبر عن رأي أصحابها و لا تعبر عن رأي الوكالة بالضرورةArticles published in the website expresses the owners and do not reflect the opinion of the IAEA necessarily



» الأخبار»News


مجلس الرئاسة يصادق على قانون الموازنة الفدرالي ة للسنة المالية 2007
The Presidency ratified the federal budget bill e for the financial year 2007

Originally Posted by neno

المقالات التي تنشر في الموقع تعبر عن رأي أصحابها و لا تعبر عن رأي الوكالة بالضرورةArticles published in the website expresses the owners and do not reflect the opinion of the IAEA necessarily



» الأخبار»News


مجلس الرئاسة يصادق على قانون الموازنة الفدرالي ة للسنة المالية 2007
The Presidency ratified the federal budget bill e for the financial year 2007

TRANSLATION OF NENOESE: ITS A DONE DEAL BABY, NO GAZETTE POSTING NEEDED, OUR REVALUED BUDGET GOES INTO EFFECT FOR 2007!!!!!!!

Originally Posted by shotgunsusie

TRANSLATION OF NENOESE: ITS A DONE DEAL BABY, NO GAZETTE POSTING NEEDED, OUR REVALUED BUDGET GOES INTO EFFECT FOR 2007!!!!!!!

WOOOOooooOOOOOOOOOOooooOOOOT!!!


So this means it could reval anytime ???? Am I right??? Please someone tell me that I am right?