Thread: Archive Latest News - Dinar Think Tank - 27/08/08 - 15/01/09

Raising Awareness Banking

Said that the banks sell dreams .. Another view says that these dreams possible sale does not receive a boom without the awareness of the public bank .. The latter is rumoured to have awareness without the means and tools specific to the system usually without other information to help with the development of banking tools in making climate knowledge commensurate with the need for public and banking services provided .. We called for the promotion of awareness of the bank through the media, our demand for this would appear not feasible without the introduction of tools to speed up the development of the banking industry .. There is a relationship between increasing awareness of banking in modern societies with increased use of technology in the banking industry,

This relationship does not seem obvious now in the Iraqi society because of the continuing failure of banking instruments and because of the continuing lack of trust between the public and the banks by the banking sector suffered from the repercussions over the past twenty years and the result of what we inherited from the results of policies that have caused damage to the place of local banks to the public , Is the same relationship that grows and grows in societies where the uses of technology banking, it is sufficient to point out the uses of money paperless payments made to repay the values of transactions between individuals and institutions in all nations of the world, and how such transactions have become part of everyday life of citizens except Some exceptions in some third world countries..

As the Central Bank of Iraq seeks to develop treatments and solutions to the phenomenon of sustained inflation experienced by the national economy through monetary policy based on the withdrawal of the money supply through daily dollar auction held by the bank or through raising the interest rate, the increasing use of paperless money - such as instruments or magnetic card Credit, etc. - push towards achieving the goal of monetary policy pursued by the Central Bank, and this explains the continuing efforts of the bank to develop and modernize the local payment systems that have an important role in facilitating transactions and trade exchanges and developing banking services with increased efficiency and cash flow and financial flows in the economy..

More secure and safety and to avoid carrying cash, especially in large commercial transactions between merchants and between merchants and other institutions .. The achievement of this goal is through the introduction of banking technology tools, but also needs to intensify the media adopted by the relevant agencies in coordination with media organizations to promote awareness of the bank, explained the importance of this type of transactions and, more importantly, restore confidence between the parties to the relationship - and public banks - such Confidence that have been affected by the policies of previous rupturing innocent of the banking sector.

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Maliki: Iraq moving toward reconstruction, unity, independence & full sovereignty after security successes

Said Prime Minister Nouri Kamel al-Maliki: that Iraq is moving towards reconstruction, unity, independence and full sovereignty after the successes of the security provided the appropriate atmosphere for international companies to compete for investment in the fields of oil, electricity and building housing complexes after they had been for approval to work in Iraq. This came during his reception in his office Monday evening, official figures and dignitaries Wasit governorate. He continued, Mr. Prime Minister: A year ago, were not we have a real meaning and all roads leading to Baghdad cut off and unable minister or citizen to move freely and safely, but today it has become our armed forces and security services capable of imposing security and police Mrortillt the street and we must have government Strong central able to manage the country's affairs and protect their interests and the exploitation of national wealth to optimize and Stabilization, which ******s to the Iraqi people.

He added: The slow process of reconstruction stands behind many reasons have been inherited and utterly neglected by the previous regime of general services and electricity since stalled in 1990 and in the areas Agriculture, industry and education but it has not built one since the hospital in 1984, and then chaos and rivalries after the fall of the regime, said Mr. Prime Minister: Everyone must respect the Constitution and resorting to it, political stability reassure investors and owners of capital and pushing forward the wheel of reconstruction, and disruption of important laws, such as elections and petroleum law And gas and other by factional interests to serve the interests of the country.

He confirmed Mr. Prime Minister: Government's effort to focus on services and the economy after it was placed on the face of security challenges, and I personally am following developments in the situation with security units and regimental and checkpoints, but now almost full-time services, reconstruction and development of the economy.

He stressed: "We are fighting on several fronts, one task of reconstruction is long and arduous and more complex task of security, and we recognize the suffering of the citizens of electricity and services, and assure you that we in the year 2008 and we have our feet on the right track and have contracted with international companies to build power stations and housing compounds and developing services but Delivery requires time and are not taken in Bosnia.

He noted that Mr. President Wazzraali Iraq in the last period was in a very difficult, but we were able to address these challenges and overcome them, as we have been able to overcome the challenges in the security side and faced the rule of law breakers and we will be able to overcome them at the side of the building and reconstruction. He added security successes we have achieved, thanks to the cooperation of citizens and fellow clan and civil society organizations and parties with our armed forces and security services, but the cooperation of citizens in the fight against corruption did not live up to their cooperation in combating terrorism. He continued Mr. Prime Minister: We have received institutions and idle factories and agricultural lands Left, and this requires us time and effort because the process of multiple ages multifaceted We have provided all the requirements necessary for the success of the construction, reconstruction, but this requires time and cooperation from everybody.

He stressed that international companies began competing for work in Iraq, have been signed several contracts with them, especially in the electricity sector, adding that these contracts require a period of time to show results on the ground, and this achievement, especially after it was prevented many countries from corporations Work in Iraq.

He added, Mr. Prime Minister, launched the initiative of agricultural and have contracted with international companies to obtain materials and agricultural equipment sophisticated, yet saw agricultural land neglect by the former regime, the crisis of water scarcity are outside our control, a global crisis afflicting many countries, and we'll deal with this problem By drilling wells and will buy the aircraft for Toviralamtar industry.'s Sovereignty and stressed that this year the construction and reconstruction, and this is the real start of construction and reconstruction, and Kdatalegna for investment and given the opportunity to the private sector to work and setting up projects and build housing complexes, and for the provinces laundering We have provided the necessary for reconstruction and gave the conservatives Complete freedom of action and contracts with international companies on condition that affects the security of this country and national sovereignty.

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Kurds are concerned about the security agreements with neighboring countries

Neighbourhood: The leader, Mahmoud Othman, the Kurdish alliance Tuesday Kurds are concerned about the security agreements, especially with neighboring countries.

Regarding the objection Vice President of the Kurdistan Alliance bloc Saadi Alborznge the second article of the Convention relating to the validity of the Iraqi government signed security agreements between Iraq and other countries in future, Othman said, "The objection Alborznge in the locality, the Kurdish are concerned about the security agreements, especially with neighboring countries, because we Many experiments in this area, which emphasizes that most of those agreements was to the detriment of the interests of the Kurdish people, all neighboring countries have sensitive to the Kurdish situation, "according to the description.

This ruled out the possibility that Osman is expected completion of the convention security between the United States and Iraq at the current stage, striking out that there is a conflict of official statements on this matter.

He said in an interview with the agency (Lucky) Italian news that "differences on the convention, much more than to solve such ease, according to some Iraqi political parties, so I think that there is a need to give more time for negotiations between the two sides to resolve those differences," as he put it.

The leadership in Kurdistan Alliance that "the draft has yet to reach the House of Representatives, and the leakage of information about the convention, no more than press leaks published in some quarters briefing.

He said: "The picture remains confused and unclear, and there are inconsistencies in official statements more confusing picture, I heard some Iraqi officials say something, but shows a person or another in certain bloc opposed, it is important because without access to the official text of the draft can not express an opinion in which Political bloc in parliament, "the country.

He continued, the Kurdish leadership "Of course we do not object to a State's right to conclude agreements with any state security world, but it is important and necessary that the Kurdish side informed directly to those agreements, especially with regard to security agreements with neighboring countries, not to monopolize the central government or persons appointed Signing those agreements. "

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Dabbagh: Iraq does not need US Financial Aid

Although posted today......This sounds like a repeat article.......

Iraqi Government does not need any financial aid to raise the country financially, Cabinet spokesman Ali Al Dabbagh said in response to US criticism that US tax payers were paying too much towards Iraq’s reconstruction.

From Najaf, Al Dabbagh clarified about Prime Minister Nuri Al Maliki’s financial policy noting that Baghdad does not need financial aid from the West in general and from the Unite States in particular.

“I think we are in position now not to ask any financial aid from anyone even United States. We are facing lack of technical know-how. We need to build our capacity. This is the problem that we have; we need to train people on a different level. This is what we need from the United States, from the European Community. Iraq does not need money anyway. I think we have enough money to spend. We are not in need for any money in the future”, Al Dabbagh said.

The cabinet spokesman noted that the approval of Parliament on the supplementary budget will accelerate the government’s spending on investments.

“As we have some supplementary budget, we add on more than 21 billion dollars as the oil price has been decreased. So it is not the intention of the government but we have some difficulties, we are trying, we are improving. This year, it will be better than the last year, definitely, next will year will be much better. Security adding more and more progress”, he added.

http://www.alsumaria.tv/en/Iraq-News...ncial-aid.html

U.S. - sponsored Sunni militia face uncertain future

As the U.S. continues transferring security files one after another to the Iraqi government, the fate of tens of thousands of Sunni militias it trained and financed has turned into a thorny issue.

To these Sunni tribal fighters the government and the U.S. owe most of the relative quiet which the country enjoys now.

These militiamen, many of whom were active resistance fighters allied with al-Qaeda, dropped their armed struggle and joined U.S. forces in the fight against terrorism.

Tribal leaders flushed out al-Qaeda elements from their areas and the violent group steadily lost control of large swathes of the country and at the same time its traditional strongholds in predominantly Sunni areas, particularly the Province of Anbar.

Al-Qaeda responded with bloody attacks and car-bombings targeting the U.S.-supported Sunni militias and their leaders.

The U.S. has been hailing the success of its so-called ‘surge’ tactics. But Iraqi observers say without the Sunni militias the level of violence would never have come down.

But the U.S. wants to hand over the responsibility of the Sunni militias to the Iraqi government which has always viewed their training and financing as a threat to its existence.

The Shiite-dominated government has stalled on a U.S. demand to have the nearly 100,000-strong militia force integrated into the Iraqi army and security forces.

On the contrary, the government is reported to be gearing towards a campaign to crack down on the militias, by disarming them and sending some of their leaders to jail.

Tareq al-Hashemi, a vice-president who persuaded the tribes to join forces with U.S. marines in fighting al-Qaeda says he is hopeful of a good solution to the issue.

Known officially as ‘alsahwat” or awakening, these groups are now present in almost all Sunni-dominated areas.

Hashemi’s political career as a Sunni leader is at stake unless he could broker a deal which he says would offer “an honorable life for the alsahwat.”

But the alsahwat’s dream of turning joining the armed forces is hard to realize.

The government may eventually agree to employ most of them as civil servants on government payroll if they agree to disarm.

Azzaman in English

Three presidencies will determine the election date in case of failure to reach agreement on the law

The deputy said Abdul Hadi ABOLHASSANI on the United Iraqi Alliance in the event of disagreement within the committee assigned to resolve the issue of Kirkuk (Legal Committee and the Committee for the regions and governorates in the House of Representatives as well as representatives of some political blocs) to define strict election date by three presidencies and the representative of the United Nations.

He added ABOLHASSANI told the independent press (Iba) today, Tuesday, continuing the meetings by the Commission to resolve the problem and reaching compromise solutions, pointing out that more focus on the problems existing Article (24) of the Act is supposed to reach the concerned parties to the issue of Kirkuk, a formula that satisfies everyone.

He pointed out that it was supposed to be no legal guarantees about what will be reached, indicating that the new paper submitted by the United Nations today, which is the subject of debate in the Committee included political and legal guarantees of the parties involved in the political and electoral process in Kirkuk.

He explained that the efforts now are directed to accept the card of the new United Nations, which underlined the lack of powers given inconsistent with the constitution of any specific point in Kirkuk.

Translated version of http://www.ipairaq.com/inner.php?name=politics&id=4207

Syria names first ambassador to Iraq since 1980s

The Syrian government has named an ambassador to Iraq for the first time since the 1980s, the state-run SANA news agency reported Tuesday.

It said Nawaf Fares, who has been the governor of the southeastern Quneitra province, was sworn in before Syrian president Bashar Assad Tuesday.

His appointment follows similar moves by the United Arab Emirates, Jordan, Bahrain and Kuwait, reflecting the improvement of security in Iraq and the decrease in tension between the Shiite-led government of Prime Minister Nouri al-Maliki and Iraq's predominantly Sunni Arab neighbors.

SANA did not say when Fares will travel to Baghdad.

Syria is home to hundreds of thousands of Iraqi refugees who fled the violence in their country after the 2003 U.S.-led invasion that toppled Saddam Hussein's regime. Iraqi and U.S. officials have in the past accused Syria of allowing foreign fighters to cross into Iraq and join the insurgency. Syria has always denied the charge, arguing it is impossible to control the long desert border.

Syria and Iraq formally restored diplomatic relations in November 2006, ending a 24-year break caused by charges made by the Damascus government that Iraq incited riots in Syria in 1982 blamed on members of the banned Muslim Brotherhood.

Syria and Iraq were then ruled by rival factions of the Arab Socialist Baath Party, but Syria broke Arab ranks and sided with non-Arab Iran during its 1980-88 war with Iraq. Relations worsened again when Syria joined the U.S.-led alliance that drove Iraq's army out of Kuwait in 1991.

The two neighbors further improved relations in December, when they agreed to reactivate an oil pipeline linking Iraq's northern oil fields with Syria's Mediterranean coastline.

http://pukmedia.com/english/index.ph...=6499&Itemid=1

Parliament should break up if failed in resolving elections issue: Al-Mashhadani

Iraqi Parliament Speaker Mahmud al-Mashhadani expected to resolve the voting on the elections law in the next hours.

He also said in a statement to al-Sabah newspaper that the presidency body in the Iraqi Parliament is waiting for the political parties’ response on the elections law for the provincial councils.

“The Parliament should dissolve itself if it failed in resolving the elections issue this week”, al-Mashhadani added.

PUKmedia :: English - Parliament should break up if failed in resolving elections issue: Al-Mashhadani

Originally Posted by Seaview

Preparation of three drafts of the Budget due to the fluctuation of International Oil Prices

Said Finance Minister Baqir Jabr Solag implementation "of the provisions of the law of financial management has been prepared by the Ministry of Finance for more than a month. Three estimates of the budget of the Federal State in 2009 due to the fluctuation of international oil prices which prompted the Ministry of Finance for the preparation of three drafts of the budget of 2009 "and added Solag. The first budget was prepared based on "the price of a barrel of oil b 147 dollars per barrel during the process of completion and the price of oil fell to 120 dollars, which led to rewrite the budget. The price of oil has reached the low price of $ 100, forcing the Budget Department in the Ministry of Finance to prepare its budget based on "the 80 dollars per barrel".

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Update......

Iraq prepares 2009 budget

Iraq's Finance Ministry says next year's budget will stand at US$78.88 billion.

Ministry spokesman Adnan Abdul-Rahman says the budget is based on an average oil price of US$80 a barrel in 2009.

Abdul-Rahman said Wednesday that US$60.26 billion will go to operational expenses, while US$18.62 billion will go to investment and improvements in infrastructure.

In July, Iraq added US$21 billion to its 2008 budget, bringing the total budget to around US$70 billion, thanks to higher oil revenues.

Oil revenues represent more than 90 percent of the country's national capital budget.

PUKmedia :: English - Iraq prepares 2009 budget

Statement by the Central Bank: Inflation importer behind the price rises

Central Bank said that inflation index annual basis in Iraq appeared remarkably decreased last August was approximately 12% compared to July 2008 which stood at the base when the annual inflation approximately 13.6% came in a statement to the bank got told (long) a copy of which stated that the bank Central confirms that price developments last August, despite the low trend of inflation but it still falls under the influence of external price shock suffered by the country's economy by the continued rise in food prices in the international export markets and come out of imported inflation is affecting the levels of domestic prices One way or the other,

Explaining this matter to a food is the main paragraph controlled over two-thirds of the relative weight of paragraphs consisting of the base index of consumer prices, a figure that falls within the responsibility of monetary policy and the effects of direct and indirect in the fight against inflation and stabilize inflationary expectations.

The statement added that the Central Bank of Iraq will continue to use monetary policy tools and instruments available to meet all the external price shock, so as to realize the desired stability in the national economy.

Translated version of http://www.almadapaper.com/paper.php?source=akbar&page=107