Thread: Iraq/Dinar News. 09/05 to 01/14/07

The first political : The House meets tomorrow amid fear that the lack of quorum



Al-Araji : We reached advanced stages of the return of mass chest for the government and the parliament
Baghdad-Sabah
The House of Representatives held tomorrow, Tuesday's meeting to discuss the normal state budget for the current year 2007, amounting to 40 billion dollars, with confirmed Bahaa Al-Araji, deputy bloc chest that coalition talks with the government to the consolidated return bloc reached advanced stages.

A source in the Presidency of the Parliament of the "morning" that the House of Representatives will hold a residence tomorrow, Tuesday to discuss the new budget and observers fear the lack of quorum for a meeting tomorrow after more than a month and a half since the last meeting a legal quorum. They believe that the consultative meetings of the Council during the last period due to preoccupation with the deputies to travel to either the pilgrimage to see their families or because of Christmas and the Eid Al-Adha holiday, did not find useful. The deputy said the bloc chest Bahaa Al-Araji, that the talks between the coalition and the unified government reached advanced stages for the return of block to the government and the House of Representatives. It called Hammam Hammoudi Chairman of the Foreign Relations Committee in the House of Representatives the government and the Ministry of Foreign Affairs to deal equally and auditing facilities with the States that have established councils sympathies for Saddam, especially those members or officials participated in these councils.
His decision means that the execution of Saddam was a judicial, not a political, as promoted by some media yellow.
He went on to say that the boards of consolation People held in some of the internal affair, but in the case involving the characters representing those countries it is an affront to the Iraqis and to the government of national unity.

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

Maliki will not forget who support him at this stage

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During a meeting with the President of Republic of Macedonia-Maliki : Iraq will not forget who stood with him and who support him at this stage




Prime Minister Nuri al-Maliki that Iraq will not forget who stood with him and looked forward to the development of opportunities for cooperation with all countries of the world, especially ones that supported Iraq in this stage. And Mr. Prime Minister, for the first time, the Iraqi government has to represent all of us and express their ambitions and could make them money freely, and they all want to succeed

This came during a reception at his official Baghdad yesterday, Sunday, the President of the Republic of Macedonia, Mr. Branko Tservenkowski Maliki said that the areas open to further investment and economic cooperation with Macedonia and will evolve with the arrival in Iraq to Maitmah mechanism of the stability and reconstruction. For his part, President of the Republic of Macedonia his country's support to the Iraqi government and appreciation for the efforts that are being undertaken in order to achieve stability and prosperity of the Iraqi people, and expressed his country's desire to cooperate with Iraq in all areas. Received Mr. Prime Minister invitation to visit the Republic of Macedonia guest of the President and promised to perform at the earliest opportunity each Ishtar Iraq - Ahmed

:
Adoption of the ration card in the processing of oil citizens White


The resumption of the flow of fuel from neighboring countries within two days
The Ministry of Oil has decided to adopt the ration card for the processing of citizens share their monthly assessments of the rule of kerosene (100) liters With The ministry said that the next two days will attest the flow of large quantities of oil derivatives contracted with the neighboring countries after a delay during the past few years.


An official source at the Oil Ministry told (morning) : The adoption of the ration card for the processing of the citizens of their share of assessed article kerosene came into force after the fuel card that was used last year, noting that citizens were entitled to starting from tomorrow after the receipt of their assessed contribution to the ration card and then the outlet seal card processing confirmation of the citizen's access to the share.
The source added that the ministry also prepared a mechanism for the delivery of displaced families on the basis of their share of oil ration card as well as the support of the Municipal Council, which proves the displacement of these families so that recognizes their share of the nearest plaza dedicated to the distribution of oil derivatives.
Either by the the scarcity of oil derivatives in the southern governorates and the Euphrates East and the northern regions source pointed out that the the scarcity of derivatives came to a consequent lag in the delivery of oil derivatives by the contracted with the neighboring countries to beavailable large quantities currently impounded on the Iraqi-Kuwaiti border since the 2006 / 11 / 16 because of a conflict of through portable with the military path allocated for multinational forces noting that intensive talks took place with the Multinational Forces for the delivery of such products It is hoped that will be launched in these quantities over the next couple of days explaining that the Iraq imports from Kuwait towards three million liters of benzene, two million liters of article paraffin as well as the million liters per day of article gas oil and that these quantities fill the a large part of the need the central and southern region.
He added that the supply of oil derivatives from Iran, which also happened recently reluctance to bad weather and snowfall near the outlet Mundhiriyah border, pointing out that the two sides outside the emergency conditions and was in the direct delivery of petroleum products contracted with the Iranian side.
As for the arrival of oil products from Turkey, confirmed that the source of most Turkish companies contracted for the provision of petroleum products to the northern areas had stalled although most of the payment amounts for contracts from the Iraqi side skeptical that the Turkish side to deliberately delay the delivery of products to the northern region for political reasons only.
At the end of his new source reassure citizens that significant quantities of all oil derivatives in warehouses scattered throughout the country through as a result of local refineries and imported from neighboring countries during the previous term, stressing that Iraq will not in a crisis such as crises in the past that have ravaged the country.

السياسية الاولىThe first political : Contain the problem : the unemployed and the exception of large numbers of members of difference


2007 awaits further action to improve the conditions of society
بغداد- الصباحBaghdad-Sabah
It is expected that 2007 witnessed further measures aimed at alleviating the burdens of citizens, social, economic and service, and go hand in hand with the political effort intensive local, regional and international conditions to face the security situation in Iraq.

After a few days on the 465 members of the team members said the eradication of the Baath : it is these days the exception of large numbers of them consecutively according to legal mechanisms.
And trying to translate the recommendations of the parties last recommended mitigation measures, epitomized where Dr Ahmad Chalabi that no more than two thousand people will-only-covered these procedures. This requires the intervention of the House because of the constitutional framework which drives the body mechanisms.
A statement by the Authority issued yesterday, Sunday, : it seeks to distinguish between the blood of the Iraqis involved and who were forced to belong to the disbanded Baath through legal controls established by the decisions issued successively.
The body issued until today 51 decision excluded thousands of team members and returned them to their jobs.
The observers consider that the body made an effort to rehabilitate creative Those them and their inclusion in the fabric of life after that tampers with their ideas of the former regime. However, it nevertheless suffered a lot of criticism against the background of the rumors that some cases of illegal logging are not subject to legal proceedings.
According to the judge : that the Office of the ratification of the decisions usually before the issuance of certain constants on the legal and national levels.
On the other hand, news reports said that the new plan, which is working to implement the American administration in Iraq include creating job opportunities of $ 1 billion, and this gives greater impetus to the government project Maliki in improving economic conditions across the largest budget in Iraq in more than 40 billion dollars. He said close and experts : that the doors of this budget to be debated by the House of Representatives tomorrow, Tuesday, include a plan to eliminate unemployment.
The economic reports indicated that economic program will be applied this year includes the re-operation of factories suspended to allow the unemployed to work.
B]American experts say : that the problem facing Iraq is not only security but also economic[/B], and recommended that divided the Bush plan to be announced Wednesday, to hubs in the forefront of urging the development of the Iraqi economy.
.It is believed observers speculate, and officials here in Iraq to live in hardship and loss of employment reasons, could push young people to take up arms and to accept the temptations of the terrorist groups that provide them money.
It reiterated the Ministry of Labor and Social Affairs intention to employment of thousands of unemployed people and those who support the establishment of small-scale projects. All this comes at the same time started by the Peace Action new salary and the pension law, which gives beneficiaries 80th% of the salaries of their peers in the service.

In laymans terms could someone explain why they think that an rv is imminent before the oil law, & FIL other than buying everything up dirt cheap in Iraq. The reason I ask is I have read that some do not believe the dinar has to rv before the laws are approved, enacted etc.
Thank you for any replies.

One-note that :-1. The sale price of remittances dinars (1318) / $. 2. The sale price cash dinars (1331) / $. 3. The cash purchase price (1329) dinars / $. 2-quantity sold in cash "in the amount of $ (3.655.000) and the amount of remittances (5.650.000) dollars.

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. Central Bank
The activities of the bank :
One was the opening-day auction XXXVII HUNDRED for buying and selling foreign currency in the Central Bank of Iraq for on Sunday, January 7, 2007, the number of banks contributing to the auction, the five basic price for the auction sale yacht dinars / $ 1325.
Two-and the amount sold by the bank at auction ($) 3,885,000.
Three-and the total bids ($) 3,885,000.
4-sale price of remittances dinars (1323) / $. The sale price cash dinars (1336) / $.
5-quantity sold in cash amount of $ 1,085,000 and the amount of remittances (2,800,000) dollars


The Ministry of Finance
The activities of the ministry :
The Rafidain Bank in the follow-up and implementation of banking regulations Afterward all its branches as well as its support and backing technical to government banks and civil processed regulations by the bank, including banks following (real estate, agricultural, industrial, Iraq, and the Bank of the Construction and Housing) and increase the efficiency of workers has stayed the bank in collaboration with the training center of financial and accounting training courses on topics of current accounts and savings deposits, as well as its role in international accounting standards.

Translated version of http://www.iraqipresidency.net/index.php?language=arabic

a few items in the paper 1/8/07
Translated version of http://www.iraqipresidency.net/index.php?language=arabic

oil develop a plan for the reconstruction of three oil fields for the current year estimated production capacity of about 530 thousand barrels per day.

dinar maintain its price against the dollar.

forward the draft 2007 budget law to the House of Representatives for a vote.

building on the policy of the Ministry of Finance : the exchange rate of the dinar would arrive at 1260 per dollar.

Thought I would bring this back up in this thread in case others missed it.... this is my new signature....

Originally Posted by Pippyman

HEY CHECK THIS OUT!


The Central Bank expecting budget deficit in 2007

LawkSalih.Com - The Central Bank expecting budget deficit in 2007


The expert at the "Central", Majid Assuri, expected a remarkable improvement in the rate of the dinar, due to the low dollar exchange rate, over the next couple of months.

He expected a significant improvement in the rate of the dinar, and the drop in prices according to this improvement. "

Economic : An important meeting for the Iraqi bank guarantees soon

The Iraqi company for bank guarantees for a wider meeting involving leaders of the boards of private banks that fall under the umbrella of the company and so soon in the Jordanian capital Amman. An official source in the Iraqi company for bank guarantees that the meeting be held in Amman

Participants will outline the importance of the work of the company and the mechanism to be adopted in order to activate its role in promoting the march of development and construction and reconstruction in Iraq. The source added that the company's activities will contribute to the strengthening of the role of the private sector in development and support construction projects, reconstruction and the development of its role in leading the economic process and will loan the company made to small and medium guarantor to put those important projects, where he will hold business owners and small and medium-sized enterprises hopes on the role required to be played by the Iraqi company for the bank guarantees to provide soft loans and necessary to activate their projects and operation, one of the foremost objectives of a company



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