Thread: Iraq/Dinar News up until April 10th 11pm ctz

The Secretariat of the Council of Ministers announced that tomorrow, Monday

(صوت العراق) - 08-04-2007(Voice of Iraq) - 08-04-2007
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جـــــمــهورية الـــعـــراقThe Republic of Iraq
مجلس الوزراء- المركز الوطني للاعلامCouncil of Ministers-the National Center for Media
العلاقات الإعلاميةMedia Relations
بيان صحفي / Press ReleaseA press statement / Press Release
الأحد 8-4-2007Sunday, 4 - 8-2007

الأمانة العامة لمجلس الوزراء تعلن ان يوم غد الأثنين دوام رسمي لوزارات ومؤسسات ودوائر الدولة كافةThe Secretariat of the Council of Ministers announced that tomorrow, Monday, the permanence of ministries and official institutions, and government departments all

اعلنت الأمانة العامة لمجلس الوزراء ان يوم غد الأثنين الموافق التاسع من نيسان الحالي دوام رسمي لوزارات ومؤسسات ودوائر الدولة كافة.The Secretariat of the Council of Ministers tomorrow is Monday, April 9, the permanence of the current ministries and official institutions, and government departments all.

Finance Minister called 30% of the budget in 2007 to the Ministry of

(صوت العراق) - 08-04-2007(Voice of Iraq) - 08-04-2007
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بسم الله الرحمن الرحيمThe name of God the Merciful
وزارة الماليةThe Ministry of Finance
المكتب الأعلاميMedia Bureau
تصريح صحفيA press
بغـــــــــــــــــد اد
7/4/2007

( وزير المالية يطلق 30% من موازنة عام 2007 لوزارة الأشغال والبلديات )(Minister of Finance called 30% of the 2007 budget of the Ministry of Works and Municipalities)

اطلق السيد باقر جبر الزبيدي وزير المالية مبلغ 30% من موازنة عام 2007 لوزارة الأشغال والبلديات لأنجاز مشاريعها الخدمية إضافة إلى الـ 10% التي أطلقت سابقا .Baqir Jabr fired Mr. Zubaidi, the Minister of Finance allocated 30% of the 2007 budget of the Ministry of Works and municipalities for its service in addition to the 10%, which was launched earlier.
جاء ذلك خلال الأجتماع الموسع الذي تراسه السيد وزير المالية وحضره السادة وزراء ( الكهرباء والشباب والرياضة والأتصالات والعلوم والتكنولوجيا والنقل وكالة ورءيس المحكمة الجنائية العليا وعدد من وكلاء الوزارات العراقية والمدراء العامين في وزارة المالية والمستشارين لمناقشة إستخدام التخصيصات المعتمدة في الموازنة الفدرالية للمشاريع الأستثمارية للوزارات والجهات غير المرتبطة بوزارة والمبلغ الخصصة في الموازنة عن تنمية الأقاليم للأدارات المحلية في المحافظات....This came during the expanded meeting which was chaired by the Minister of Finance and attended by ministers (electricity, Youth and Sports, communications, science and technology, transportation and agency and the President of the High Criminal Court and a number of agents of the Iraqi ministries and general managers in the Ministry of Finance and advisers to discuss the use of the allocations approved in the federal budget for investment projects of ministries and non-associated the Ministry of privatization and the amount in the budget for development of the Territories to local administrations in the provinces ....

وأكد السيد الوزير خلال الأجتماع على ضرورة الأستفادة القصوى من قبل الوزارات من مبلغ 10% الذي تم إطلاقه من الموازنة الفدرالية لعام 2007 لتنفيذ المشاريع الأستثمارية الخاصة بكل وزارة من أجل النهوض بالواقع الخدمي للمواطنين والأرتقاء بواقع الخدمات وتطوير البنى التحتية للبلد .The Minister during the meeting on the need to make maximum use of the ministries of the amount of 10%, which was launched from the federal budget for 2007 for the implementation of investment projects for each of the Ministry for the advancement of our service to citizens and by upgrading services and infrastructure development of the country.
موضحا أن وزارة المالية مهيئة بكل كوادرها من أجل إزالة كافة العقبات التي تحول دون إستفادة الوزارات والمحافظات من تلك التخصيصات .He pointed out that the Ministry of Finance was willing all cadres in order to eliminate all the obstacles that impede the ministries and governorates of those specialties.
وأشاد السيد الوزير بأنجاز وزارة الأتصالات التي أستفادت من 90% من تخصيصاتها الأستثمارية داعيا الوزارات كافة إلى الأقتداء بهذا الأنجاز بما يؤمن تنفيذ مشاريعها المهمة موضحا بأن الوزارات التي لديها إرتباطات وألتزامات مالية دولية عليها مفاتحة وزارة المالية وأعلامها قبل فترة من إعداد الموازنة الجديدة .He praised Mr. Minister completion of the Ministry of Communications, which benefited from 90% of the investment allocations calling all ministries to follow so as to ensure the achievement of this project implementation task explaining that the ministries that have the connections and obligations of international financial approached by the Ministry of Finance and the media prior to the preparation of the new budget.
وأضاف السيد الوزير بأن وزارة المالية تتطلع إلى زيادة وزارة النفط لأنتاجها من النفط وإقامة المشاريع المهمة التي من شأنها دعم القطاع النفطي وأن تستفيد مما خصص لها من الميزانية.The minister added that the Ministry of Finance is looking forward to increasing the Oil Ministry to oil production and the establishment of the important projects that would support and benefit the oil sector, which has been allocated from the budget.

بعدها جرت مناقشات مستفيضة من قبل السادة الوزراء والمسؤولين في وزارة المالية حيث أستعرض السيد مدير عام دائرة المحاسبة إجراءات الوزارة لفتح الحسابات الجارية المخصصة لتنفيذ أعمال مشاريع الخطة الأستثمارية إضافة إلى المبالغ المخصصة لتنمية الأقاليم للأدارات المحلية في المحافظات مشيرا إلى الأعمال والمشاريع للقطاعات الأقتصادية المختلفة وخاصة الخدمية منها والمتعلقة بمياه الصرف الصحي والكهرباء ومشاريع القطاع النفطي والأسكان وغيرها من المشاريع التي تخدم المواطن العراقي .After extensive discussions by the Ministers and officials of the Ministry of Finance, where Mr. reviewed the director-general of the ministry accounting procedures for opening current accounts earmarked for the implementation of the investment plan projects in addition to the amounts allocated for the development of territories to local administrations in the provinces, pointing to the work and projects of various economic sectors, particularly the service of on sewage, electricity and oil sector projects, housing and other projects that serve the Iraqi citizen.
بعدها قدم السادة المدراء العامين في وزارة المالية شرحا لأبرز نشاطات الوزارة خلال الفصل الأول من هذا العام في مجال الضرائب والمصارف والكمارك والمناطق الحرة .Then the Messrs. general managers in the Ministry of Finance explained the highlights of the activities of the ministry in the first quarter of this year in the area of taxation, banking, customs and Free Zones.

Published: 08/04/2007 12:00 AM (UAE)

Iraqi instability curtails foreign bank presence

Reuters


Amman: Foreign banks are waiting until security stabilises in Iraq before entering or expanding a limited presence in the country's banking market, bankers said on Friday.

Iraqi bankers and US officials agreed at a US-funded banking conference on Iraq that four years after the US-led invasion of the country in 2003, the private banking sector, which comprises 25 licensed banks, was still underdeveloped.

Foreign investment that would have squeezed out weaker banks and helped create larger more competitive banks has also been limited after banking laws in 2003 opened the door to outside capital, bankers said.

"Unfortunately foreign banks have yet not committed themselves to Iraq in terms of investing, training and putting systems," said Hussain Al Uzri, chairman of Trade Bank of Iraq.

Under former Iraqi leader Saddam Hussain, Iraqi banks were cut off from the outside world, perpetuating an antiquated banking system with rudimentary investment and retail products.

Since 2003 some Arab and international banks such as HSBC, National Bank of Kuwait, Jordan's Capital Bank and Qatar National Bank have bought shares in local banks.

But foreign investment has been limited to seven banks, with no new investment since 2005, said David Munro, senior official in IZDIHAR, a USAID-funded outfit to promote a market economy, and organisers of the Iraq Banking conference.

Munro said security was a main concern even for banks granted preliminary approval for licences such as Bank Melli Iran, the Commercial Bank of Kuwait and Jordan's Arab Bank.

"A lot of them are poised waiting to see the way the wind is blowing... We need obviously some time where there is relative stability before people start coming," Munro said.

Lebanese Bank Audi and Byblos Bank are slated to open soon in Kurdistan, northern Iraq, where security is better than in Baghdad.

In a country where private lending by small family run banks is just four per cent of the gross domestic product (GDP), there are plentiful opportunities, Munro added.

"There is huge pent-up demand for credit in Iraq... and once there is a measure of stability, then I think there will be demand for credit, and those banks that are willing to make loans and know how to make loans will benefit enormously by being able to go into the market."

The principal shortcoming remained the failure of banks to function as financial intermediaries to attract deposits and lend funds to creditworthy firms, the US aid official added.

Gulfnews: Iraqi instability curtails foreign bank presence

Originally Posted by neno

The Secretariat of the Council of Ministers announced that tomorrow, Monday

(صوت العراق) - 08-04-2007(Voice of Iraq) - 08-04-2007
ارسل هذا الموضوع لصديقThis issue was sent to a friend

جـــــمــهورية الـــعـــراقThe Republic of Iraq
مجلس الوزراء- المركز الوطني للاعلامCouncil of Ministers-the National Center for Media
العلاقات الإعلاميةMedia Relations
بيان صحفي / Press ReleaseA press statement / Press Release
الأحد 8-4-2007Sunday, 4 - 8-2007

الأمانة العامة لمجلس الوزراء تعلن ان يوم غد الأثنين دوام رسمي لوزارات ومؤسسات ودوائر الدولة كافةThe Secretariat of the Council of Ministers announced that tomorrow, Monday, the permanence of ministries and official institutions, and government departments all

اعلنت الأمانة العامة لمجلس الوزراء ان يوم غد الأثنين الموافق التاسع من نيسان الحالي دوام رسمي لوزارات ومؤسسات ودوائر الدولة كافة.The Secretariat of the Council of Ministers tomorrow is Monday, April 9, the permanence of the current ministries and official institutions, and government departments all.

So does this mean they are making a big announcement or what??
things are getting very interesting, lets keep the hopes high

Originally Posted by DinarDevildog

So does this mean they are making a big announcement or what??
things are getting very interesting, lets keep the hopes high

Translated version of http://www.sotaliraq.com/ about the 10th one down.

Originally Posted by DinarDevildog

So does this mean they are making a big announcement or what??
things are getting very interesting, lets keep the hopes high

It is hard to tell because it ends after the announcement. I tend to believe that it is the announcement about the official holiday for government offices, etc.

Iraqi Trade Minister : Saudis, we better .. ونفاوضAnd negotiate

(صوت العراق) - 08-04-2007(Voice of Iraq) - 08-04-2007
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وزير التجارة العراقي: السعوديون وعدونا خيرا..Iraqi Trade Minister : Saudis, we better .. ونفاوض الكويتيين بشأن الديونKuwaitis and negotiate on debt

عبد الفلاح السوداني لـ «الشرق الأوسط» : استحدثنا برنامجا لمواجهة الظروف الطارئةAbdel farmer Sudanese <Middle East> : We have developed a program to meet emergency conditions

بغداد: نصير العليBAGHDAD : Ali hailed
اكد وزير التجارة العراقي الدكتور عبد الفلاح حسن السوداني ان اهم ما تحقق على الصعيد الاقتصادي خلال قمة الرياض التي عقدت في المملكة العربية السعودية الشهر الماضي، هو حدوث لقاءات من اجل إلغاء الديون المترتبة على العراق لصالح عدد من البلدان العربية.The Iraqi Trade Minister Dr Hassan Abdel farmer Sudanese that the most important achievements on the economic front during the summit which was held in Riyadh, Saudi Arabia last month, was a meetings for debt cancellation for Iraq for the benefit of a number of Arab countries.
وقال السوداني لـ«الشرق الأوسط»: «ان من بين الدول التي تم التحاور معها بشأن الغاء الديون هي السعودية، مؤكدا ان الرياض ابدت تجاوبا ايجابيا بهذا الصدد واستعدادا لعقد مفاوضات ثنائية يمكن من خلالها التوصل الى حلول ستبنى على اساس مصلحة العراق وشعبه.He said the Sudanese <Middle East> :> that one of the States that were to hold a dialogue with them on the cancellation of debt are Saudi Arabia, saying that Riyadh had responded positively in this regard and a willingness to hold bilateral negotiations to be used to arrive at solutions will be based on the interest of Iraq and its people.

واشار الى تعهد المسؤولين السعوديين بالاستثمار الصناعي والتجاري في المناطق الآمنة وداخل المناطق المحاذية للحدود بين البلدين مثل السماوة والانبار وغيرهما، وزيادة حجم التبادل التجاري والمساهمة في تنمية الاقتصاد وإعادة البنى الاقتصادية لقطاعاته.The Saudi officials pledged to invest in industrial and commercial areas and within the safe areas along the border between the two countries such as Samawah, Anbar and others, and increase the volume of trade exchange and contribute to the development of the economy and the economic infrastructure of the sectors.

وبشأن الديون الكويتية اوضح السوداني «ان هناك جهات عديدة تجري مباحثات مستمرة مع الجانب الكويتي فيما يستعد وفد رفيع المستوى لزيارة الكويت قريبا بهذا الاتجاه».And on the debt Kuwaiti The Sudanese <There are many discussions are continuing with the Kuwaiti side comes as a high-level delegation to visit Kuwait soon in this direction>. اما عن أهم انجازات الوفد العراقي المشارك في مؤتمر الرياض اوضح السوداني «ان مؤتمر الرياض اثمر عن تحقيق العديد من النقاط الايجابية لصالح العراق، كما جرى الاتفاق مع دول عربية عديدة على زيادة حجم التعاون وبكافة المجالات الاقتصادية والتجارية والسياسية، فضلا عن إصدار قرارات مهمة تتعلق بمنطقة التجارة العربية الحرة، وتسهيل الاتفاقات الجمركية التي تحقق المرحلة الثالثة للوحدة الاقتصادية العربية، وايضا مناقشة مسألة التعاون العربي لدعم الخدمات الصحية والتعليم، حيث تم الاتفاق على عقد اجتماع لوزراء التعليم العرب لدراسة واقع التعليم العربي ومشاكل التعليم في المنطقة العربية وكذلك تمت مناقشة قضايا الاتصالات والكهرباء، وهناك مقترح قدم من الكويت ومصر لعقد قمة اقتصادية عربية».As for the most important achievements of the Iraqi delegation participating in the Riyadh said the Sudanese <that the Riyadh resulted in the achievement of many of the positive points in favor of Iraq, as agreed with many Arab countries to increase the volume of cooperation in all areas and the economic, commercial and political, as well as the issuance of important decisions related to the Arab free trade zone, and to facilitate customs agreements to achieve the third phase of the Arab economic unity, and also discuss the issue of Arab cooperation to support health services and education, where it was agreed to convene a meeting of the Arab Ministers of Education to examine the reality of the Arab education and the problems of education in the Arab region and also discussed the issues of telecommunications and electricity, and there is a proposal made by Kuwait and Egypt to convene Arab economic summit>.

ومن المواضيع الاقتصادية الأخرى التي كانت مدار نقاش هي مسألة التعاون التجاري والاقتصادي العربي وخصوصا مجلس التعاون الخليجي من خلال استخدام الحدود والطرق والموانئ وحث الدول العربية كافة على الاستثمار داخل العراق.In other economic topics being discussed is the issue of trade and economic cooperation, especially the Arab Gulf Cooperation Council through the use of borders, roads, ports and urged all Arab countries to invest in Iraq. وبين انه اجرى مباحثات عديدة مع دول الخليج تمحورت حول اعادة النظر بالعلاقات الثنائية وخاصة المعنية بمجالات المواصلات الجوية والمسائل القضائية.He showed that he held talks with the Gulf States, many focused on the review of bilateral relations, particularly in the areas of air and judicial matters.

وعن المساعدات التي تقدمها الوزارة للعائلات العراقية المنكوبة وبخاصة شريحة المهجرين، اوضح «ان الوزارة استحدثت مؤخرا برنامجا لمواجهة الظروف الطارئة، وقامت بتأمين المواد الغذائية الجافة التي تكفي لمدة طويلة وبشكل مستمر بتحديث هذه المواد، فضلا عن استمرار الوزارة بتأمين كافة حصص المحافظات الساخنة من خلال التنسيق مع العشائر والجهات الامنية، فيما تقوم دوائرنا بتأمين حصص غذائية متكاملة للعائلات المهجرة في جميع مناطق النازحين اليها».Regarding the aid given by the ministry to the bereaved families of Iraqi immigrants in particular segment, he explained <that the ministry recently introduced a program to meet emergency conditions, and would dry food sufficient for a long time and constantly update these materials, as well as the continuation of the ministry to ensure all governorates hot rations through coordination with the tribes and security agencies, With the services of integrated secure food rations to families displaced in all regions displaced by>. وقال ان وزارته قررت توزيع «مساعدات غذائية لالاف العائلات الفقيرة والمهجرة بشكل قسري من مناطق سكناها اضافة لتوفير المستلزمات الضرورية ومعالجة مشاكلها التي سببتها الظروف الحالية وحالة التهجير القسري الذي مارسته جماعات ارهابية مسلحة تستهدف تخريب الامن والاستقرار وارهاب الناس في مناطق سكناها».He said that his ministry had decided to distribute <food aid to thousands of poor families displaced and forced parts of the home in addition to the provision of essential supplies and to address problems caused by the current circumstances and the situation of forced displacement practiced by the armed terrorist groups to sabotage security and stability and terrorize people in the areas of home>. واشار الى ان «خطة فرض القانون عالجت بعض المشاكل في عملية بعض الوكلاء في المناطق الساخنة بغية إيصال مفردات البطاقة الى عموم ابناء شعبنا خاصة ان الوزارة وفرت الخزين الجيد لفترات تمتد لأربعة وخمسة اشهر لسد العجز الحاصل في توفير هذه المفردات التي تعرقلت نتيجة عمليات ارهابية مسلحة».He pointed out that <plan to impose law addressed some of the problems in the process of some agents in hot spots in order to deliver the card to the general components of our people, especially that the ministry provided stockpiling good for periods of four to five months to bridge the shortfall in the provision of these items, which had been curtailed as result of armed terrorist>.
الشرق الاوسطMiddle East

Originally Posted by inquisitive1

It is hard to tell because it ends after the announcement. I tend to believe that it is the announcement about the official holiday for government offices, etc.

yea that makes sense, they need to stop all the holidays and get R done!!!
thank again for your input

Iraq opens up opportunities for the private sector to invest in industry
Source : statement UAE-07 / 04 / 2007
Companies and huge bodies on sale

The Minister of Industry and Minerals Iraqi Fawzi Hariri, the government decided in its plan for economic development grants the right investment for domestic and foreign capital in <projects and industrial companies> for periods ranging between 10 and 20 years. He added that the resolution is <the first step of this type> on the road <joint cooperation> between the Ministry and the local and foreign investors for periods ranging from 10 to 20 years and in the framework of <the government's plan for economic development>.

He went on to say that <clear and the policy of our government, they tend to support the industry, the private sector and the transition from the social ist economy monopoly to a free market economy, and this requires the support of institutions and installations>. This is the first time declaring that the Iraqi authorities put major companies to local and foreign investors since the fall of the regime in 2003.

He stressed that the Ministry was preparing a phased plan until late 2007 to determine the extent of participation of the limited-term investment for the Iraqis and foreigners, pointing out that the investor will develop the capacity of the companies concerned through training courses. He expressed optimism about the Hariri <demand of foreign investors, some of whom I met during my visit to the United States and Britain>.

The details of the projects will be offered for investment on the web site of the Ministry. He said that <companies put receive bids for 45 days and then will need another 30 days to study the submissions before making a decision right investment hope that the process does not take more time than late June and early July next>.

Hariri, and pledged to ensure that staff in place after the entry of investors, pointing out <complete coordination between the project management and the conservation which has its headquarters>. Hariri, and the number of companies to be put up for investment, such as cement plant in Kirkuk, where the volume of investment required 100 million dollars, and it employs some 1200 people either plant the required amount about $ 50 million and employs 900 people.

He went on to say that the cement factory in Sinjar require investments of between 30 and 50 million dollars (800 people), while Muthanna plant requires about 90 million dollars (1500). The Minister also brought up <Company for Glass and ceramics> in Anbar for its three investment, and estimated the funds required Fifty million dollars.

The Petrochemical Company in Basra, where four thousand employees, need to invest about $ 120 million emphasized that they do not produce more than the 20th% of the energy infrastructure. There Company for Iron and Steel in Basra, which is dependent on the work of more than six thousand employees, and the estimated volume of required investments between 180 and 220 million dollars. The lab paper Maysan where 1600 people before it is to invest around 100 million dollars.

The minister pointed out <study for the opening assembly plants to the state Kalhaflat cars, ambulances and firefighters> emphasizing preparations for the import of parts is estimated to need these plants to the value of investments of $ 15 million. He concluded Hariri said that the transition from the socia list to a free market economy was one of the concerns of the ministry since the formation of the government recently.

There are going to be two separate meetings in Egypt. The IC and the expanded ministerial meeting on May 3-4.