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

In Dukan .. Leadership Alcordstanih follow regard Alkordi

(صوت العراق) - 14-05-2007

(Voice of Iraq) - 14-05-2007

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..

Dukan : Najirfan Mr. Barzani arrived head of government territory Kurdstan yesterday at the head of a senior delegation to resort Dukan, where he met Mr. Kosert Rasul, the Deputy Head of the province ..

...

And then a tripartite meeting between Messrs. Deputy Prime Kurdstan region and head of government territory Kurdstan and Hussein Shahrastani, Petroleum Minister federal Iraq, which they discussed various aspects to provide stability for oil operations and securing oil products of the province and establishment of a number of oil refineries in which ... After a joint meeting between Mr. Najirfan Barzani and the delegation accompanying him, and the number of members of the leadership of the National Union address various walks Puk Puk, the Iraqi issue and further unify positions on public issues and fateful for the people of Kurdstan. the parties also condemned the abhorrent terrorist acts witnessed in a number of areas, including the territory of Kurdstan Irbil, drunk and miserable as attempts to undermine security and stability in the province .. This is scheduled to visit shortly senior delegation from the government of the territory Kurdstan to Baghdad to discuss the new oil law, and a number of common issues with the federal government of Iraq.

Translated version of http://www.sotaliraq.com/

Originally Posted by rvalreadydang

LOl i don't remember seeing this, but i know it had to have been posted before, i likey!

Me too!!! Likey ALOT

Originally Posted by abbey56

Also with Iraqi stock exchange supposedly opening on the 1st June to us foreign investors will we see this revalue as if they dont we will all be rushing to buy up their country for next to nothing.

Iraq will never allow their stocks to be bought up for nothing...that would be the equivalent of an "economic suicide bomber".

Signature campaign to change the parliamentary House Speaker Mahmoud

(صوت العراق) - 14-05-2007

(Voice of Iraq) - 14-05-2007

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Endorsed by some, while others asked for a change of the Presidency of the Parliament or to raise the issue for discussion
Signature campaign to change the parliamentary House Speaker Mahmoud Almchidani

Baghdad-file Presse-Ziyadi Immortality

Divergent views of parliamentarians Iraqis and Iraqi political forces in a matter of changing the Iraqi Parliament Chairman, Dr. Mahmoud Almchidani especially after squabbling that took place last Thursday during the Council's discussion of the report of the mission by the Chamber of Deputies to the Diyala province to determine the suffering of the displaced citizens of Diyala province to the city of Karbala, what made one of the members of Parliament to organize a campaign to collect signatures from members of parliament to change Almchidani.

Wael Abdel Latif, deputy Iraqi List : "It seems said that what was taken from the signatures on the level of membership, not the standard lists and the members of the Council, but as the elected President of Member entitled to withdraw from the assignment or cancel the nomination."

He added : "The members are the ones who brought the President and the Presidency to the office and they can do anything is in the interests of the Iraqi people and said he is waiting for the results of these signatures written on the paper claim," asserting that he was one of the signatories to this request.

Referring to the reason for taking such a step, saying : "The Presidency Council's management turned to an unacceptable filled with sarcasm and cynicism displayed to the Iraqi people and for the body to retreat itself."

For his part, Bahaa Al-Araji, deputy coalition : "the paper did not sign the president's name but included the Presidency and the reason." He added : "The reason behind this is the weakness of the Department of the Presidency, and this idea has long existed but what happened in the House last week making the resort to this measure going to be the solution. "He said that more than "50 people had signed the paper and I think that number will increase, and we ought to look at figures efficient running of this institution properly."

He said Mazen Makeya secretary-general advocates : "We arena Libyan and political forces outside the government and parliament are sure of the intentions and performance of the House Speaker, we feel this sense of national who has These jealousy and Harka to accomplish something." He added : "The issue of collecting signatures of parliamentarians This question them undifferentiated, but we do not see as a political personality of this man negative require and deserve to collect these signatures and things can be solved in one way or another and can avoid mistakes and errors in one way or another."

"We offered this paper has resulted in the lack conviction put this question must be raised the issue as one cause of the reluctance of parliament", and wondered : "What are the causes and whether there were hidden hands want to show this picture Parliament Is that the defect in the performance of the Chamber of Deputies or the whole of the Presidency, the Presidency alone, or that the MPs involved in this case and what is the role of the executive in this imbalance. "He stressed that "all these things have to hold them for a meeting to discuss and then sign this document."

Translated version of http://www.sotaliraq.com/

Originally Posted by danny51

Iraq will never allow their stocks to be bought up for nothing...that would be the equivalent of an "economic suicide bomber".

It will be very interesting to see what happens in the next 2 weeks or so.

Yes,
if the market does go electronic like they say on the 1st of June and the FIL restrictions have been indeed lifted then they have no choice but to raise the value of the dinar. HERE WE COME.
WOO HOO.
LIT

OK, I have read a lot like all of you, but this one i found today and never have seen it!

Its an record from a meeting with of the house of representatives with Shabibi from Sunday 14/1/2007.

Older, but such a good read!



Mr. Sinan Shabibi (Governor of the Central Bank of Iraq) : -
I am very happy to stand before representatives of the people and put them out of economic ideas with regard to balancing the relationship or the Central Bank. After the budget was briefed them is undoubtedly ambitious and the large volume of investment, and development process will be a lot of changes in the basic infrastructure in the area of production, and this is the kind of economic instability, technically, the Central Bank is the primary work to achieve development in a stable environment that is aimed at achieving economic stability in spite of all the disruptions caused by the process of economic development.

The Bank is the central institution interested in achieving economic stability and development through economic stability. Please be clear that the Bank Central is not the Ministry of Finance or the Ministry of Planning, is an unfinished developmental and then there is some kind of consensus that the Bank Central and interested by all means and policies to achieve Alastaqraralaguetassadi Israel and the moderate price category and be moderate and low inflation, our truth balancing First maintain real resources of the budget, as well as inflation which we live must be fought and reduced in order to have the budget resources have value and we have a lot of measures including raising the exchange rate of the Iraqi dinar after many discussions in the Ministry of Finance and other economists, but the decision is the decision of the Central Bank of Iraq.

And raising the price of the Iraqi dinar impact on the budget without a doubt, affect the purchasing power of the government of Iraqi dinars because we also produce good name dinar When the government comes to its supplier dollar comes to the Iraqi Central Bank to meet disbursement procedure, which is essentially Iraqi dinars, but when inflation reduces the purchasing Their capability and the ability revenues the truth will increase and exchange rate policy will, in fact, neutral to a certain extent, of course, this policy essentially makes dinar is the storehouse of value in this case there will be confidence in Iraqi dinars antibody Badjarh people and withdraw kind of liquidity go to the banks in order not to contribute to inflation, such as, in fact, reduce the government's ability to buy Iraqi dinar lead to rationalize government expenditure, and will provide individuals and will have a positive impact on inflation.

The other thing is, in fact, lead to a reduction in import prices. Import, which is the dollar will not be affected, but the import of the private sector, which relies on imports convert dollars to the dinar will cost less and in fact this important developmental key to that when we try to implement development projects in the budget will have input in the implementation of investment projects and many requirements, many of which are imported When The government is implementing these projects and importing these necessities imported Bassarastiradi less because of the high rate of the Iraqi dinar, this is our budget any government would be its ability to buy Iraqi dinar less, but the purchasing power of the dinar will be the biggest on the one hand, and on the other there will be a means coffers of the citizens, We do not work in a national goal but also impact on the dollar in the economy lifting When citizens accept the Iraqi dinar and therefore will be a CBE large, we want to make a way to minimize the impact on monetary policy by which make dinar store of value.

مجلس النواب العراقي-جلسات مجلس النواب


NOW I ONLY HOPE SHABIBI ACTS TO IT INSTEAD OF TALKING!!

Central Bank Economic and counter inflationary situation (2 - 2)

حسام الساموكHossam Alsamuk
فيواحد،In the midst of this confrontation faced by the Central Bank, we are obliged to alert policies must they would conflict with its existing and future at the same time,

حين.While marching preoccupation with the Iraqi Central Bank to address the situation and inflationary influences on cruise hazardous economic cycle, special procedures across the (firm) recent strengthening of the exchange rate of the Iraqi dinar and clear success in the adoption of a new promotional rate of the dinar against the dollar as alluded to in the first section of the (dependent allowance), we would like to point out what the CBE in the same statement, which sounded the alarm bell a few days ago after graphical respectively in the July 23 and 17 July / August two years. ).The release pointed out that literally supply bottlenecks, which is carved inflationary effects (requiring addressed through other means of economic policy which is outside the influence of the Central Bank and its policy adopted).
هذه ).This particular paragraph already experienced in more than a (column), we dealt with the situation earlier, while inflationary and received more than Admonitions on our frankness in the (loading) of several parties from the ministries and government institutions to take action quickly random caused economic damage our lives, the Central Bank was forced to refer to it in his latest example that while the (supply bottlenecks in the real sector mainly concentrated in the fuel processing sector and the negative impact on the costs of transportation, communication and other production costs).
!Not hesitate to point out here that the projects should have been mature mechanisms, caused enormous damage to the All-economic situation in the country. was inflationary situation, which reached the risk rate reached 76.6%, one of the consequences we have warned about a year ago from now, when we discussed the rash actions to raise the prices of oil derivatives, but warned of the repercussions could reach bread price to one thousand dinars, and still this is a possibility!
في.In the midst of this confrontation faced by the Central Bank, we are obliged to alert policies must they would conflict with its existing and future at the same time, That looks to employees and retirees of the step the government promised It seems from existing circulations - they reached the stage of maturity is to increase the salaries of two tranches, but we are looking forward to verify that the procedure being direct beneficiaries thereof, we warn that the anticipated increase confiscated directly from the latest aggravation of the situation on the doorstep of inflationary if not studied the mechanisms increase economic measures, according firm avoided being a member of an al lust for inflation, which applies in hidden vaults Ctsell termites, the vegetation and the ground.
.According to these facts facing the Monetary Authority expressed the Central Bank, all economic institutions to recruit their support academic and professional actors together to develop plans and policies to address each situation inflationary influences and justifications escalating and controlled the economic transactions.

Ok, not sure of date, just found it today, i know it mentions a graph from two years ago, this i took as them reflecting on past circumstances?
ÌÑíÏÉ ÇáãÏì - ÇáÈäß ÇáãÑßÒí æãÌÇÈåÉ ÇáÍÇáÉ ÇáÊÖÎãíÉ (2-2)

Pascheralbenk Iraqi Central application of the system of electronic payments accession of a number of Iraqi banks effectively. A source in the bank "that the modern payments system will facilitate payments between banks and between them and the Central Bank also to the fact that all banks have accounts in the Central Bank reconciliations are moving through these accounts as well." He added that " bank seeks to Ttaiwierhdh mechanism in the future and beyond the scope of the banking sector. " referring to "connect the Ministry of Finance this system and that work is to connect the Iraq market for securities, bonds and money in the Central Bank, this system also."
Translated version of http://www.burathanews.com/index.php?show=news&action=article&id=13578

Originally Posted by Hkp

Kirkuk Governorate Council decided to address the Council of Ministers on

(صوت العراق) - 14-05-2007

(Voice of Iraq) - 14-05-2007

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Kirkuk Governorate Council decided to address the Council of Ministers on article 140 of the Iraqi Constitution

14-5-2007

Chaired by Mr. Erskar the President of the governorate of Kirkuk met jointly to the members of the legal and the Article (140) West Asia Kirkuk Governorate Council to discuss the resolution adopted by the Council at the last meeting of the Provincial Council meetings in the hall on the decisions of Article (140) to address the Iraqi Council of Ministers and on Monday approved 5-14-2007

And confirmed attendance to address stakeholders, including the Council of Ministers to expedite the implementation of steps to implement Article 140 of the Iraqi Constitution.

:

After discussions and debate was approved the following steps :

1-decision to send a formal letter to the Secretariat of the Council of Ministers on the application regarding the normalization of the situation to restore areas withheld from Kirkuk to the governorate of Kirkuk and are areas (Kalar - Kifri - Tuz Khurmatu Cem-Jamal) and returning to Mosul Zab Osh thigh Ran to Irbil.


2-develop areas evacuated from Kirkuk (entrust their Qarah-Chuan-Yayji)

3-lifting note to the Secretariat of the Council of Ministers to add another five million amount to the amount of compensation to the inhabitants of the villages and wards and districts of the deportees being the most affected.

4-expediting the issuance of decisions to address the implications of the cancellation of contracts agricultural base of article II of the fourth paragraph of the book circulating issued by the Secretariat of the Council of Ministers on the resolutions of the Commission on Implementation of Article (140) of the Constitution.

5-demand formation of the discriminatory extraordinary Council of Justice to hear the property dispute in Kirkuk.

Translated version of http://www.sotaliraq.com/

Ok. Shouldn't this mean something good is happening. Can someone share some light. I WANNA BE HAPPY about this