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

The government tends to issue bonds for investment in the private sector

The government intends to issue bonds for investment in the private sector and rehabilitation, contributing to the upgrading of the Iraqi economy.

Revealed that the Alliance MP Abdul-Hadi al-Hassani, adding that this project is to go quickly by the government for the advancement of the Iraqi economy and to benefit from the bonds and surplus funds in banks to implement projects that will bring benefits.

The government said the project will be submitted to parliament within the Ministry of Finance, stressing the importance of "the reduction of interest on loans for investment projects and facilitating access to enable national companies to compete with them the importance of reducing taxes or taxes on the development of global investment companies, similar to Iraqi companies to achieve balance."

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Oil will soon announce the names of the winning companies to develop fields

The Oil Ministry announced the proximity of the names of companies that won the first round of licenses, which announced in June last year.

He said ministry spokesman Assem Jihad said the winning companies will operate in accordance with the provision of services in return for sums of money to develop oil and gas fields have been declared throughout the country.

Iqbal, referring to major international companies to contract with the ministry, especially after the security and stability, which in most cities of the country.

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UAE companies expressed interest in investing in Najaf

Member of the Investment Authority in the province of Najaf, about the intention of a number of UAE companies to invest in the province of Najaf.
Dr Anwar Ali Hububi that the Authority had approached the municipalities of Najaf and Kufa, to identify areas in the center of the city and its environs and Aqditha can be used for investment projects, which include the establishment of a number of parks and city parks and game parks and residential complexes and commercial helicopter.

He said Hububi "was put up many areas for investment in the city of Kufa and the region (Alcretiat), which serve to build housing complexes being considered free of orchards Tabeitha The mayor of Kufa."

It will be recalled that the investment in the province of Najaf have begun to grant leave of investment for global companies, including Kuwaiti Alaqilp company in charge of the Najaf International Airport International Holding Company, the Lebanese and anguish, which began the creation of world-class hotel in Najaf.

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The start of the economic summit in Kuwait with Talabani

in Kuwait began Monday morning, the summit's economic and social development and the participation of Arab Iraqi President Jalal Talabani, who is expected to raise the topics of debt of Iraq, energy, investment and reconstruction.

He is scheduled to be put Talabani at the summit the debt issue, particularly the Gulf of Kuwait to Iraq in an effort to repeal or at least mitigated, or re-scheduling in addition to subjects related to energy and investment.

The Talabani arrived in Kuwait Sunday, will deliver a speech at the summit, Iraq, on which a number of axes of the issue of Iraq and regional and international levels, and especially the Israeli aggression on Gaza, in addition to the economic developments in the situation of Arab and international levels, according to a statement Riasse earlier.

The Iraqi president will also, according to the statement, "Iraq's role in the fight against terrorism and drain its resources, and accompanied by an improvement in the security situation and the positive ramifications on the economic situation and development in Iraq" would refer to as "opening up diplomatic relations and the promotion of Foreign Affairs of Iraq, especially on the Arab and regional level" .

The delegation included the summit that Iraqi Deputy Prime Minister Rafie al-Issawi were part of the Iraqi delegation accompanying Talabani.

The delegation included the party of the President of the Republic, Deputy Prime Minister Rafie al-Issawi and Hoshyar Zebari, the Iraqi Foreign Minister and Deputy Minister, Lubaid Abbawi, and Hussain al-Shahristani, the oil minister and Finance Bayan Jabr and trade Abdul Falah Sudanese and a number of members of the House of Representatives and government officials.

Zebari had arrived in Kuwait last Thursday, accompanied by Dr. Mohammed al-Haj Hamoud, undersecretary of the ministry of legal affairs and multilateral relations and Ambassador Najib narratives Director of the Office of the Minister and Ambassador Faris al-Ani said that the topics in the reconstruction of Iraq, investment and energy is at the head of the delegation of Iraq will be promoted in the summit.

The summit will be held over two days to discuss topics such as investment, trade, transport, health, education and the impact of the global financial crisis on the economy of the Arab countries and the issue of infrastructure and upgrading of living of the individual and to discuss topics of economic and social development.

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Iraq invites international oil companies to a workshop in Turkey

The Ministry of oil next month and a workshop in Turkey Tzm international oil companies have qualified to contest the first round of bidding of oil in Iraq.

The Seattle Times newspaper on the ministry's spokesman, Assem Jihad, was quoted as saying that Iraqi officials during the workshop to hear proposals and comments made by oil companies and their offers will be put up models of oil contracts. He added that the first meeting of experts and officials was scheduled to be on Sunday, but the date was postponed to the middle of next month.

Iraq had earlier opened last June during the six major oil fields and gas fields to be developed by international companies. It is planned to be completed by those companies to sign contracts in mid-2009.

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Parliament: an agreement between the parliamentary blocs to postpone the selection of the Speaker of the Parliament and the budget until after local elections

Member of the Iraqi Council of Representatives of the Coalition Bloc MP Abbas al-Bayati, consolidated by the existence of an agreement between the political blocs in parliament to postpone consideration of the issues to choose a new president of the parliament and the general budget of the Iraqi state until after the local elections scheduled for the end of this January.

Al-Bayati said in an interview with "Uzmatik", on Monday, that "the political blocs in parliament to postpone consideration of the cases, mostly because of busy campaigning in the provinces of Iraq, as well as the concerns of the cases of exploitation of a new head of the Iraqi parliament and the general budget for the year 2009 electoral propaganda. "

Al-Bayati said that "to postpone the issue of the selection of a new identity for the presidency of the Iraqi parliament was to give some time for the Accordance Front, and the rest of the parliamentary blocs to reach a final agreement on the personal, which will occupy the post of President of the Iraqi parliament."

Al-Bayati stressed that the postponement of the selection of a new president of Iraq's parliament came after the failure to reach a final decision on this subject, because of differences between the political blocs on the current candidates for the presidency of the parliament, "he said.

A lawmaker with the Accordance Front Hassan Deccan announced the "Uzmatik" on Sunday, the political blocs in parliament formed a committee to select a candidate from the Accordance Front, to the presidency of the parliament instead of the outgoing President Mahmoud al-Mashhadani.

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Higher demand for the dollar in CBI’s session

Demand for the dollar rose in the Central Bank of Iraq’s (CBI) auction on Monday, registering at $172.09 million, compared to $120.165 million in the previous session.

“The demand hit $28.245 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $143.845 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 17 banks that participated in today’s session offered to sell dollars.

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

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Study calls for the continuation of the ration cards for the achievement of economic stability

An economic study called for continued work under the ration card in the short-term economic stability, while achieving the national goal.

According to one study by researchers at the Ministry of Finance that he can not give up on the ration card at the present time, for reasons related to poor living standards and the high marginal propensity to consume many of the groups of Iraqi society, especially the poor, highlighting the problem of food security as one of the most prominent challenges facing the economies of countries.

The survey said that the objective of the card and the advancement of the poor coverage of their level of living, so it is necessary to reform the agricultural sector to work to increase agricultural yields in order to minimize the import of the food basket of the food supply in the domestic market.

And confirmed the need to adopt a proposal to withhold the ration card for high income earners and the private sector to support the many activities sponsored by the State now and the reduction of the role of the state importer and supplier of food commodities.

They pointed out that the ration card is now in the prior periods during the unstable security situation swag of corruption and smuggling, took advantage of the beneficiaries if the state of instability to smuggle ration card to the neighboring countries.

The study concluded the need for concerted efforts to earn a decent living for vulnerable groups of society and support in various forms.

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No objection to postponing presidency, but we are opposed to continuation of parliament sessions

The deputy said the Accordance Front, Abdel-Karim al-Samarrai, on Monday, the Mon National Front "was determined to be the subject of the presidency of the Iraqi Council of Representatives this week."

He added in a statement published by the official site of the Accordance Front, said "there is significant to the wishes of some of the brothers and the political forces and parties to give some time and more dialogue between the political blocs to reach a solution commensurate with the aspirations of all and where the national consensus."

He noted "the Front's keenness to give a broader area of the dialogue in order to have a national consensus on the candidate who Siatli the post of the Presidency."

He stressed that the Samurai, "the Committee which was formed in the House of Representatives for the purpose of finding a solution to the post of speaker of parliament met on Monday and identified the fourth day of next month, finally, to choose a president of the House of Representatives."

The Samurai, "has been agreed on a mechanism for nominating and voting within the Council, and we have no objection to what has been agreed upon today, but we have to comment Achtrtna Council meetings and informal meetings and illegal since the day that the new president will be chosen for the House of Representatives, when the time is determined meeting to resolve the post of parliament speaker. "

"We hope that we resolve this issue in the last few days."
He stressed "the necessity to be the candidate of the Accordance Front, exclusively, because this is what has been agreed upon previously."

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Iraq is trying to convince Arab nations to turn off the debt owed

Member of the House of Representatives of the United Iraqi Alliance bloc, the martyr al-Jabiri of Iraq's participation in the economic summit in Kuwait that it is important at this stage being on the verge of a campaign of reconstruction and building after the influx of international companies to Baghdad, with the improvement security.

The al-Jabiri told a news published on Monday that Iraq at this stage, the Conference is being held on the verge of a renaissance of physical and service needs to be large international companies to invest in it.

He said al-Jabiri, that Iraq will try to convince the Arab brothers putting out the very high debt ratios they know that the Iraqi people is not concerned by the fact that the former regime benefited to kill people and trigger wars with neighboring countries, adding that the conference as a means to discuss the possibility of cancellation or reduction of compensation.

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