Thread: Archive - Latest News Think Tank - 15/01/09 - 04/05/09

Kuwait Airways has denied that a final settlement with Iraq

He just Burisli spokesman KAC The legal transaction between Iraq and Kuwait to settle the lawsuit filed by the company against the Iraqi government, are not final.

"The company is demanding that Iraq pay the sum of one billion and Thelatmip million dollars in compensation for damage suffered as a result of the invasion of Kuwait by the former regime in 1990.

The government spokesman Ali Dabbagh said that the two countries had agreed to pay the amount of Baghdad Thelatmip million to the Kuwaiti company in exchange for dropping the case against Iraq.

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Prepare for the convening of an international conference to discuss reality of Iraq's oil

A Deputy Prime Minister Barham Salih, a willingness to hold an international conference to discuss the reality of the oil in Iraq, the participation of experts and specialists, and representatives of international companies.

He said the aim of the conference to be held in Baghdad in the coming days is to develop a future vision of the reality of the oil and a policy capable of supporting the national economy as the oil sales is the only supplier to support the financial budget of the State.

He denied the benefit of the government's intention to raise the price of petroleum products during the current year in order to support the general budget and avoid an economic recession for.

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21 trillion dinars allocated for the disbursement of salaries of staff in 2009

Trillion dinars, for the disbursement of salaries and wages, said government spokesman Ali Dabbagh also announced the details and the reasons for the decisions of the third meeting of the Council of Ministers, said the government made amendments to the budget bill for the Federal 2009, stressing that the total amount Of the budget amounted to 72.9 trillion dinars.

He said that the capacity of the budget revenues of $ 50.4 trillion dinar deficit of $ 22,5 trillion total dinars will be covered recycled cash balance of 2008, he said in a statement received "morning," a copy of which was that the crude oil revenue of $ 43 trillion, with Other income is estimated at 7 trillion dinars, with the adoption rate of $ 50 a barrel price for crude oil sales and the rate on the export of two million barrels, as oil revenues make up the total income of about 86 percent, while other income up to about 14 percent.

The distribution of the public budget to investment expenditure dinars worth about 14 trillion and accounted for 20 percent of the total budget and is distributed in 7,7 trillion dinars on the investment projects of the ministries with the province of Kurdistan, while the investment projects for the development of the provinces and provincial reconstruction 2,8 trillion dinars and oil projects 2 , 6 trillion dinars and electricity projects 1.27 trillion dinars, according to the statement stressed that the operational costs of up to 58 trillion dinars, and accounted for 80 percent of the total budget, at the expenses of salaries and wages are 21 trillion dinars.

Dabbagh added, "It has been allocated 17 per cent of the budget for the Kurdistan region after the exclusion of the sovereign expenditure, amounting to 7.1 trillion dinars, the quota will be spent in consultation and coordination between the Federal Government and the Kurdistan regional government", noting that $ 4,2 trillion dinars ration card all across Iraq and the amount of 1,25 trillion dinars for importing medicines from within the federal public budget and the amount of 36 billion dinars for the Hajj and compensation and the amount of 2,15 trillion dinars in compensation to Kuwait."
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Demand for the dollar halved in CBI’s auction

Demand for the dollar dropped by half in the Central Bank of Iraq’s (CBI) auction on Tuesday, registering at $75.84 million, compared to $162.92 million in the previous session.

“The demand hit $32.88 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $42.96 million in foreign transfers outside the country covered by the bank at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 12 banks that participated in today’s session offered to sell dollars.

The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

http://en.aswataliraq.info/?p=107055

Al Maliki around Iraq ahead of elections

As Iraq provincial elections are at hand, Prime Minister Nuri Al Maliki is intensifying his visits to provinces to meet residents and encourage them to participate intensively in elections.

First from Babel where Al Maliki addressed a crowd of residents and informed them that the new US Administration might withdraw its forces from Iraq earlier than set in the timelines of US Status of Forces Agreement.

Iraqi Prime Minister called to thumb those betting on national unity breakdown by participating intensively in upcoming elections.

Al Maliki visited as well Karbala province where he rebuked political entities claiming that they enjoy the support of the religious authority saying that Shiite authority is at one distance from all candidates.

Prime Minister Al Maliki affirmed that upcoming local councils will enjoy greater authorities that will enable them to upgrade services on all levels. Al Maliki urged Karbala residents to counter Iraq enemies by casting their ballots. He called on Iraqis to prove to the world that they are determined to build up a strong state capable of running its own affairs considering that these elections are a mainstay in the project of building a strong Iraq.

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

Iraq expects a budget deficit of $19 billion in 2009

Iraq Cabinet spokesman Ali Al Dabbagh announced that Iraq expects to run a budget deficit of $19 billion in 2009, but that deficit will be covered by last year's surplus.

It is to be noted that oil prices fall have affected Iraq budget while it is in dire need of funds to pursue reconstruction.

http://www.alsumaria.tv/en/Economics...n-in-2009.html

Finance Committee in the House of Representatives warns of the repercussions of a failure to approve a federal budget

Invited a member of the Finance Committee in the House of Representatives Alaa Saadun to expedite the approval of the Federal budget for the Iraqi State for the year (2009). Warning that failure to approve within the next month will create an economic crisis of the government's inability to act in the budget without parliamentary approval". Saadun said he was supposed to approve the budget end of last year in order to apply their resources to the government in investment projects and close the operating expenses, but the lack of Acaraha even though we entered the second month of this year will create an upheaval in the government ministries and create an economic crisis has added to the crisis being experienced by Iraq lost in the economic crisis? "She Saadun said the Finance Committee until the Government to refer a draft budget to the parliament for discussion and approval at the earliest possible time." The Iraqi government approved the second amendment to the draft budget after holding two days before the amendment after receiving errors in the figures warrant contained in the Finance Committee in the House of Representatives back to the government for the purpose of the amendment.

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Jaafari, described the country's economy, rampant corruption and a "farce"

Criticized former Prime Minister and current head of the national reform of Iraq, Ibrahim al-Jaafari on Monday, he called the "Srac positions and powers," and described the country's economy, a "farce."

Jaafari said at a gathering held in the court of Kufa, this afternoon, for the promotion of the electoral list was attended by "Uzmatik" that "there are places to steal the power, and employs the potential and the funds in favor of the country" and called them to "look at themselves."

Jaafari suggested that "the candidates will not reach the seats in provincial councils, unless Mhafezathm selected by the people, must be loyal to their cities and not to party, or current, or family, or gathering."

Jaafari and that "there is failure in the sectors of education, health, water and services, and the spread of the phenomena of corruption, financial and moral, administrative and political," he said, these cases as "farces."

The former Japanese prime minister, Ibrahim Jaafari, participate in the forthcoming local elections taking place in the current January 31, through the current national reform, which was formed last year, after his release from the Islamic Dawa Party, which was the most prominent leaders, led by current Prime Minister Nuri al-Maliki

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Opening a new branch of the Rafidain Bank

The guidance of Finance Minister Baqir Jabr Al-Zubaidi, to expand the opening of new branches of the Rafidain Bank was opened by the Director-General of the Rafidain Bank, Abdul-Hussein al-Yasiri Alouhdpouhdharalavtaatah district branch of the public staff and auditors.

The Zkrmsdr reporter that this section Bnayath new addition to the branches of the Rafidain Bank, which was built and rehabilitated and the number of branches now stands at one hundred and fifty-one branch after it was valid for thirty Branch because of the work of destruction has been previously.

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Plan for the implementation of projects to 25 billion dinars during the current year

The Ministry of Labor, on Tuesday, as the development plan for the implementation of community projects and services in Baghdad and other governorates, and the cost of 25 billion and 500 thousand dinars this year, most notably the creation of two of the ministry in the provinces of Najaf and Maysan.

A statement of the ministry received (Voices of Iraq) a copy of which was today (Tuesday) on the media adviser to the Ministry of Labor and Social Affairs Abdullah al-Lami said that "the reconstruction projects will be implemented by the Ministry of the many community projects, and humanitarian service in Baghdad and other governorates," noting that "the cost would be about 25 billion and a half million in 2009 through the present. " (The U.S. dollar is equivalent to 1118 dinars).

The media adviser, "said one of the most prominent projects to be implemented by the ministry to set up a ministerial departments in the provinces of Najaf and Maysan," in addition to the "establishment of the Institute for the Blind in the light of Diwaniyah, the complex network of welfare services and social protection in the province of Maysan, the role of the state to care for the elderly in Diwaniyah."

The al-Lami said the projects and reconstruction in the ministry "will be implemented as well as the establishment of a reformer within the region in the southern province of Basra, a medical center and the laboratory" as well as "two of the health and safety professional and vocational training centers in the provinces of Dhi Qar, Karbala," as well as "the expansion of the institutes of the disabled in Baghdad and the provinces of Diwaniyah Maysan, rehabilitation and vocational training center in Zaafaraniya Mu'Tasim. "

He said the department will also "to reform the complex events in the April 9 in Baghdad," he said, adding that the ministry "will Bastmlak land and their designs for the creation of a reformer in the province of Babel," as well as "the establishment of the headquarters building, particularly the reform of the events, the ministry will also prepare studies and designs for the establishment of buildings and health centers for occupational safety in the provinces of Karbala, the holy of Diwaniyah, Basra and Nineveh, and the "add" to prepare designs for the establishment of departments of social protection network in a number of provinces."

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