Thread: Iraq/Dinar News until 5/23/07 Midnight CST

Originally Posted by Lunar

What a pathetically immature post....

Thank God for people like you Lunar - we still have adults in the midst.

Economic event : trying to assess banking awareness among the public and staff of government banks
22.05.07

In the light of developments accelerated yielded banking work in the whole world, especially in the twenty years of treatments and evolutionary innovations, resulting in the continuing evolution of a large bank in technological and administrative mechanisms adopted and amended laws that drive banking business ..

By conditions experienced by our country over the past two decades of the last century, and what followed, has been to isolate what is happening many sectors of technological developments and conceptual withdrew their effects on cognitive capabilities of the general community in various areas, and perhaps the banking sector more economic sectors affected because of this isolation,

One of the most important manifestations of this negative impact, reflected a clear awareness of the banking employees of banks to the state, as demonstrated clearly to the general public .. While banks have become in most countries of the world an important part of economic and social life can not be separated from the daily life of people,

The government banks isolation from the Iraqi people, but it pays to (the) government will be dealt with the fear of the public, as is the rest of the totalitarian power, and the staff of these banks are not touched develop their abilities to the conditions of destitution continuing born with a state of indifference in their posts ..

The department also is not concerned with the development of awareness of the banking front monotonous work and repeat the routine practices, as a result of the underdevelopment in the working mechanisms and techniques, significant weaknesses in this aspect .. And perhaps is true to this day, the law of Iraqi banks example, or the Money Laundering Act does not seem to be accessible to the hands of staff ...

While contributed to the weakness of the Declaration, and the fierce political variables, which impacted on the latest and community life in the low level of awareness among the public banking .. Banks generally provide services, and if he wanted any bank marketing services successfully, it means that the bank will meet the demands of the consumer or customer performance, If the bank was able to make the customer demand for its services in a crescendo level, it may be fuller application of modern marketing concepts and succeeded in raising awareness among the public banking,

In order to reach government banks this level of performance and the public up to the aspirations of the government banks awareness of a bank, to be effective role of the Declaration .. The reality is that low banking awareness among the public has ignored government banks of the importance of the declaration due to the reassurance that the banks for lack of a competitor by exclusivity and the limited number in the banking market for a long time, so people resort to forced since there is no alternative, therefore, the aspirations of government banks has been limited ..

It is moving in a specific state and the system does not allow others to enjoy the advantage of .. Tkasla sense that there existed a need for the declaration and awareness of the banking public, while contributed successive political repercussions on the country and for more than twenty-five years, coupled with the lack of confidence Between public institutions and ruling authority, in the indifference of the public in dealing with those institutions. that was (and possibly removed) followed routine procedures by a lot of procrastination in providing services to their customers, and, in particular loans and other banking facilities, which are often forced by the customer to review several quarters to get credentials to a modern version, and complete the procedures for booking guarantees,

This burden on the customer and it drains time and money, which are paid to the search for another source of borrowing facilitator .. Often people are weary of waiting by the length of the procedures followed in direct banking, did not receive any change in these procedures in other ..

The true cause of the red tape and reluctance to deal with the banks governmental bureaucracy he inherited many of these banks .. These reasons may have contributed are the latest in low banking awareness among the vast majority of the public that he still retains his finances under the pillow.

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Originally Posted by DinarDarling

Thank God for people like you Lunar - we still have adults in the midst.

Yes...most of us have outgrown the childish comments. lol

Originally Posted by PAn8tv

YES!!! Awesome find this has just gotta make you smile and do one of these and maybe one of these and of couse this

Great attitude....thanx

Originally Posted by Lunar

Great attitude....thanx

Just wait til reval, momtwo2 and CoolD get back on...talk about great attitude

Originally Posted by PAn8tv

Just wait til reval, momtwo2 and CoolD get back on...talk about great attitude

With so many people in negative spirits right now...we certainly need great attitudes.

Economic event : indicators index for consumer prices in Iraq for April, 2007
22.05.07

Baghdad / long
Performed by the Central Agency for Statistics and Information Technology inflation report for April, 2007, prepared on the basis of field data collection "on the prices of goods and services components of the consumer basket Retail prices in selected markets in Baghdad and other governorates The results showed the following :

1 - The inflation index for April, compared to March 2007 / 2007, as reflected in the index of consumer prices (by 1.9%), this increase was the result of the rise in the index following totals commodity (fuel and lighting, medical services and medicines, miscellaneous goods and services and rental) rates increase of (5.6%, 2.2%, 0.1%, 2.1%), respectively noted that the spending on this group is (15.6%) of total domestic consumer spending.

The group (foodstuffs, beverages and tobacco, clothes, fabrics, footwear, furniture, transport and communications), which is (84.4%) of total domestic expenditure registered a decline during the month of April compared to the previous month increased by (1.2%, 3.8%, 1.3%, 0.5%, 1.6%), respectively.
2-index rose annual inflation during the period of April 2006 through April / 2007 rate (40.9%) as a result of the rise in the index for all commodities totals (foodstuffs, beverages and tobacco, clothes, fabrics, footwear, furniture, fuel and lighting, transport and communication, medical services and medicines. miscellaneous goods and services and leasing) and the rise of rates (18.7%, 6.4%, 12.4%, 9.7%, 130.1%, 39.0%, 16.1%, 36.4%, 25.4%), respectively.

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The delegation of the territorial government discuss with Maliki the oil and Article 140 and the budgets
22.05.07

Scheduled to meet the government delegation headed by Mr. Kurdstan Najirfan Barzani, head of the territorial government with Prime Minister Nuri al-Maliki to discuss issues of the law of oil and Article 140 of the Iraqi constitution and the budget forces Peshmargas.

Newspaper sources said that the representative of the Ministry of Peshmargas met in Baghdad yesterday with the representative of the multinational forces and the American embassy in Iraq, and discuss with them the issue of the security file, acknowledges in the territory of Kurdstan by the territorial government.

The visiting delegation from the government of the territory of Kurdstan headed by Mr. Barzani Najirfan prime minister and the ministers of natural resources and areas outside the territory of Kurdstan the representative of the Ministry of Public s capital Baghdad to discuss several important issues with the central government.

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Iraqi economy has great potential capable of exceeded all its problems and return once again to the forefront of the economies of countries of the world.

Hey now that's something I wanna see! I positively beleive this is possible and am really looking forward to the near future!!!! is it just me or are things once again looking uup???

In a joint press conference of Finance, Planning and Trade and the Central Bank of Iraq will not pay more than 20% of its debts and planning devoted nearly 11 billion dollars of investment
22/05/07

The Minister of Finance Mr. statement Jabr Al-Zubaydi, the government's intention to extinguish all debts totaling 140 billion dollars over the past three years, and added Zubaidi in a joint press conference with Minister of Trade and Minister of Planning and Central Bank Governor that Iraq will not pay more than 20% of this debt

The debt was extinguished 45 of 100% and 80% Zubaidi praised the role of Saudi Arabia, which promised to extinguish 80% of the debt of Iraq, as well as China, which have demonstrated their commitment to the rules of the Paris Club and fire 80% of its debt, The government is moving towards commercial debt of the companies have been extinguished 96% of the debt of these companies and only 4% of Arab and foreign companies that are not known until now.

We expect to reach a solution with Egypt, which showed willingness to put 100% of their debt and only religion of Egyptian workers who have left us their trust in Iraqi banks will back ourselves. The Azubedi : that this year's budget is different from last year, where it noted that the proportion of the budget implementation ministries good unlike some ministries which failed implemented, we will withdraw these funds and given to other ministries.

For his part, Minister of Planning Dr Baban : I have devoted more than 11 billion dollars of investment and this amount is the largest in Iraq and a government investment can this amount to generate more jobs and raising the Iraqi economy, and pointed Baban : It was the opening and planning unit in every province of Iraq to be in the service of conservation, local government, we will launch the process in the next few days and managed by a cadre of highly qualified young man, We will open the sessions of the computer and management development centers in Basra and Mosul as it is in Baghdad.

The Planning Minister can not be said for the planning process could succeed only in a stable environment Unfortunately, we did not find this environment in Iraq, which reflected in the administrative activities and led to curtailed. On the other hand, Minister of Trade Abdul Sudanese farmer : there are many difficulties facing the ministry, particularly with regard to financing, import, transport and storage in addition to financial difficulties and administrative corruption and added that his ministry has provided vocabulary ration card in spite of the difficulties, which imported 2 million tons of grain and has been able to distribute most of the components of the ration card acknowledging the existence of virtual need for some articles, referring to the Ministry to improve the ration card and the presence of some products Alerdiahalti we change such as tea, and a study of changing detergents, Regarding stores Sudanese explained that they did not meet the needs of only (7) million citizens only and not us sufficient capacity Khazaniyah area and we are expanding stores and Granaries and request for a subvention from the Ministry of Finance and the Ministry of Planning in this is, said Trade Minister :

The rice production had reached in 2006 more than twice produced in 2005 and the ministry is working to support domestic product, The Sudanese opening (11) Malhekaya business outside Iraq as being open 10 Mlahkiat other These attaché crucial to the strengthening of relations between Iraq and other countries.

For his part, Mr. Bank Governor Sinan Shabibi Center : that the goal of monetary policy is to achieve price stability and will be achieved through the cooperation of all sectors, the Central Bank and added a touch of significant economic followed the Bank for monetary policy to stabilize Iraq economically. Referring to the inflation that has afflicted Iraq in the past years even saw relatively stable in this year amounting to 45% as a highly successful bank reserve composition reached 21million dollars, an amount that could well create a reassuring stability.

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