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

Expansion of the integrity of the disclosure of financial interests under

And sought a new law to the existing integrity of the State Consultative Council of the Service covered by the provision of financial Khovathm of the Commission.

He said the head of the al Rahim told a news briefing on Saturday that the new law of the Commission and members include the heads of regional governments, as well as officials and managers and heads of security agencies and officers.

It should be noted that this comes just two days after a number of journalists claim the territory of Kurdistan, Iraqi President Jalal Talabani and Kurdistan regional president Massoud Barzani and other officials in the province, provide financial Khovathm as did Prime Minister Nuri al-Maliki.

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Central to the sales decline to $ 101 million in the canteen

the U.S. dollar decreased sales of the Central Bank in an auction for the sale and purchase of foreign currencies, on Sunday, reaching 101 million versus $ 160 million and 930 thousand dollars at the previous meeting.

The bulletin issued by the Central Bank and the Agency has received (Voices of Iraq) a copy of which was that "the total volume of demand for the dollar stood at 101 million and 110 thousand dollars at the exchange rate was stable compared to 1170 dinars per dollar."

The figure Ankhvadan the previous meeting, which recorded total volume of demand for the dollar stood at 160 million and 930 thousand dollars at the exchange rate was 1170 dinars per dollar.

The Bulletin that "the distribution of demand for the dollar by 22 million and 885 thousand dollars in cash, covered by the bank at the exchange rate was 1176 dinars per dollar, including the central bank and a commission of six dinars per dollar."

With the value of remittances outside the country 78 million and 225 thousand dollars at the exchange rate of the central covered was 1173 dinars, including the central bank and a commission of three dinars per dollar, "did not make any of the 13 banks participating in the auction, offers to sell the dollar.

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Rafidain continuous transfer of the salaries of retirees out of Iraq

Rafidain Bank will continue to transfer the salaries of retirees Iraqis residing in Jordan, Lebanon and Abu Dhabi, Bahrain, Yemen and Syria.

The A source at the Ministry of Finance of the reporter the number of transfers that have been transferred to Syria for the period from 1-1, even 2-28 for the current year is (2996) Transfer The amount of (1719690) The number of dollars of remittances sent to Jordan and other countries amounted to (9912) the amount of transfer (13221433) dollars.

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Iraq Invites Statoil Hydro To Negotiate Oil Deal

Iraq has invited StatoilHydro ASA (STO) to negotiate a contract for the giant Nahr Bin Umar oil field, a company spokeswoman said Saturday, the latest evidence that the Middle Eastern nation is pacing up talks with foreign oil companies.

In an email confirming information gathered by Dow Jones, the spokeswoman said the Norwegian company "has been invited by the Iraqi government to negotiate a contract for the development of the oil field Nahr Bin Umar."

Part of a second round of Iraqi licences awarded later this year, this services contract is to develop a field with about 6.6 billion barrels of reserves and a potential production of 440,000 barrels a day.

"In competition with StatoilHydro, we understand that a few other international companies have also been invited to negotiate a contract for the same field," the spokeswoman said.

A French government spokesman said Friday that Iraqi oil minister Hussein al-Shahristani was to meet Tuesday in Paris with a delegation comprising Total SA (TOT) where a deal for another giant field, Majnoon, may be discussed.

http://www.easybourse.com/bourse-act...il-deal-637974

Press release issued by the Central Bank of Iraq

Central Bank of Iraq continued with great caution and statements by then and the other is through the media, some government services and interfaces, which deal with the monetary policy of the Central Bank and the analysis and conclusions of strange reasons and misleading in its results, especially when exposed to the mechanisms and instruments of that policy by, for example, auctions and bank references price adopted by the monetary policy, which, unlike all of those remarks is to make the country strong and the pace of stability represented by the low rates of inflation for the first time at this level successful and influential, in fact the standard of living and the future development and economic prosperity. While the annual inflation rate basis, according to the latest official statistics, about 7%, which is changing the price in the overall economic life in Iraq in such a high rate of stability.

And the Central Bank of Iraq stresses that such statements, regardless of the sources and intentions, they did not come out, unfortunately for the confusion and doubt and confusion in the concepts and views are in no way contradictory to the economic realities as well as to demonstrate the relevance of the intentions of misleading to the successes of national economic policy and in accordance with the purposes and goals seemed to raised and left their mark both negative direct or indirect effects on the commercial market forecasts and the stability of his dealings, and such manifestations of the deepening turmoil in the building of the expectations inherent in the various contracts and transactions. As well as strengthening the role of speculative activities and a state of instability because of the extreme delicacy of the movement of trades in the financial market.

At a time in which the Central Bank of Iraq that such statements in spite of the incompatibility with the general economic policy of the country and its efforts to build a strong and stable cash commensurate with the established policy and sustainable development, it has recently been started has reached huge proportions this time was stability constants cash for the country to anarchy, which is ensured by the principles of monetary policy through the functions and tools over the past few years the construction of the pillars of a strong, stable and in particular the policy of the Iraqi dinar exchange rate and building a strong national currency, which promised a real triumph of the economic program for the Iraqi government.

Of the foregoing, the Central Bank of Iraq to reassure his audience that the Quran said monetary policy reflects the current economic climate and a strong, stable and supportive factors for the development and economic prosperity, and hope at the same time, indifference to those misleading statements to the contrary is the monetary policy adopted and the existing monetary system to build a coherent including the exchange rate policy and the mechanisms associated with Bmzhadath price and transmissions in the context of harmonization of national financial market and its compatibility with other activities, the real movement of the Iraqi economy Twtrha total promising and strong.

http://translate.google.com/translat...admore%3D55454

Trade: the start of write-offs, transportation and addendum in the ration card

The Department of Supply and the Ministry of Commerce planning to start operations on the part of transport and the addendum in the ration card as on 22/3/2009.

The director of the Riyadh Chamber Fakher al-Hashemi "has been directed to supply all the branches in Baghdad and the provinces to begin the promotion of citizens relating to transactions of the transfer of ration cards and the addition of a part and to relieve them of what to Hamun the utmost importance in all the reviews and called for government departments need to provide the citizen, who aimed at the transport part or add or archives which required the identity of the civil status of individuals who wish to transfer part or additions or further copy of the ration card to the branch in the area of supply or the preservation of its national housing area to be no purse.

And al-Hashemi stressed catering to all branches of the need to make maximum efforts to facilitate procedures for citizens and in accordance with the regulations and instructions as well as noted the Director-General of the Chamber for Iraqis returning from outside the country who wish to restore the ration card where the procedures, the Service has prepared them very easy by providing archives of fundamentalism and a copy of the passport and the last card ration with the card attached to the request to the branches of the supply and after checking ****sthompskat is a section on the necessary by issuing a new card to them in accordance with the regulations and instructions.

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Jihad: the rise in oil prices comes in the 2009 budget projections

Said Oil Ministry spokesman Assem Jihad said the recent rise in oil prices came within expectations when officials put the budget on the basis that the price of oil up to fifty dollars.

Jihad and expected to be high global oil prices to above $ 50 a barrel, rises to the forefront again because of growth in the global market.

The House of Representatives approved the state budget for 2009 which amounted to 62 billion dollars approved on the basis of $ 50 per barrel of oil.

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Economic Forum calls for diversification of financial resources & open the door to investments
Government announces in the coming period on the national strategy to combat poverty during the next seven years

The orientations of the new government with the National Economic Forum, which first opened its business in Baghdad yesterday, a convergence of views between officials and experts involved with the advancement of the Iraqi economy through the consolidation of efforts, at the time called for the Vice-President Tareq al-Hashemi, to lift the immunity of senior officials of the State involved issues of administrative corruption and Mali.

Hashemi said at a news conference held after the inaugural meeting of the Forum, "The Securities and interventions provided during the forum contributed to the discussion of economic policy in Iraq in various aspects confirms the great interest by those responsible for the improvement of the security investment to revive the economic reality.

The aim of the forum in which the three-day, to arrive at the proposals and recommendations to emerge from dependence on oil and the expansion of financial returns by raising the level of industrial and agricultural sectors and the private sector and work to achieve self-sufficiency and a review of taxes imposed to support the general budget.

Hashemi expressed his support and his support for Prime Minister Nuri al-Maliki government's determination to implement anti-corruption week, calling for the adoption of the eradication of corruption, according to a policy of sustained and start to lift the immunity of senior officials of the state, saying at the same time, the "loss of Iraq about 6 to 8 billion dollars during the year because of disagreement over the oil contracts between the central government and the Kurdistan region. "

The Symposium examined which was also attended by Vice President Adel Abdul Mahdi and Deputy Prime Minister Rafie al-Issawi and about 250 personal-governmental, parliamentary and economic experts, ways to cope with economic reality and the next phase in the light of the global financial crisis and its implications on the country.

In the meantime, revealed Abdullah Bandar adviser of the National Investment for the work on the development of a comprehensive government strategy in the coming period will be presented to parliament for approval as an important step to eradicate poverty.

Bandar said in an exclusive statement of the "morning" that "the Supreme Committee for the poverty reduction strategy is currently working on the development of this strategy will be circulated to government departments in order to reduce the level of poverty in Iraq," he said, "The strategy will include the material aspects, but nutrition and health status and housing and the environment.

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Economic development agenda of the provinces

Expounded a member of the Legislative Committee of the Council of the Iraqi business to a group of economists take on the responsibility of preparing the agenda of economic conditions of each business from Baghdad, Najaf, Basra, Anbar,

Said Abdul-Hussein Jabr blessed that the milestones have now reached Ramadi province, provided by the Society for the Defense of Consumer Rights, which was discussed that the agenda of the key investors and businessmen in the province of Anbar, during the symposium that was held there this month, he said, adding that most are sourced by the Commission is to diagnose the economic constraints associated with economic growth in the province .... and make suggestions and recommendations that would improve the economic situation in the province, stressing that the committee will follow up its work in the rest of the provinces charged with the preparation of economic agendas in order to evaluate the main points of the defect, which can accompany and economic development process and seek to find solutions that can help to overcome the obstacles associated with the development process in the provinces ... and mentioned that the Legislative Committee has completed the achievement of the economic agenda of business in the province of Kurdistan, which was submitted to the provincial government at an official ceremony attended by senior officials ... in the region and pointed out that the next phase will include the rest of the provinces that suffered economic situation confused.

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Inflation rate down by 0.9% in February 2009

Iraq's inflation rate decreased by 0.9 percent in February 2009 compared to the previous month, the Central Organization for Statistics and Information Technology said on Monday.

"The organization's report revealed a 0.9 percent decrease in the inflation rate for February 2009, which it linked to a reduction in the consumer price index (CPI)," according to a statement received by Aswat al-Iraq news agency.

Prices of foodstuffs, apparel, fuel and transport services, which form 79.9 percent of household expenditure, have decreased by 1.3, 0.9., 1.5, and 4.8 percent respectively, the report indicated.

Meanwhile, prices of tobacco, furniture, medicines, and other services, which form only 8.6 percent of household expenditure, have increased by 0.6, 2.2, 0.3 and 0.5 percent respectively, the report explained.

The report also showed a 0.2 percent increase in the annual inflation rate in the period February 2008- February 2009.

The Central Organization for Statistics and Information Technology, affiliated with the Iraqi Ministry of Planning and Development Cooperation, produces a monthly report on inflation in Iraq, which is based on field data of retail prices for products and services in Iraqi markets.

http://www.zawya.com/Story.cfm/sidZA...0in%20Feb%2009