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

Originally Posted by One Oar

We heard about this a while back. Nice to see some movement.

An Iraqi oil committee has almost worked out a draft oil and gas law to be presented to the Cabinet ahead of referring it to the parliament for approval, he said, noting that the draft law would regulate investment in the oil and gas sector as well as the role between the central government and regional governments in the oil sector.

almost? not according to the article from two days ago, it is finished with the cabinet and headed to the parliament now. its like they take old and new news and intermix it in one article.

Originally Posted by kiko

This article has posted today, but this one has also a different piece of text regarding the CBI.


Finance Minister emphasized the need to adopt transparency in
the implementation of budget 2007
09 / 01 / 2007-14:09

The Iraqi Finance Minister Baqir Jabr Al-Zubaydi before the Iraqi parliament today, Tuesday, on the need to adopt transparency in the implementation of the budget for Iraq in 2007.

And the House of Representatives today resumed its regular legislative session in the second round after a quorum and the presence of the President of the Council, Dr. Mahmoud Almshahadani and a number of ministers. The meeting was devoted to the first reading of the draft law on the federal budget for 2007.

Zubaidi said in a speech that "there is a paragraph investment within this year's budget provides for the adoption of the Iraqi dinar basis in the 2007 budget."

The Iraq in the 2007 budget submitted by the government to parliament last month 41 billion dollars, an increase of $ 11 billion in the previous year's budget.

He added that the fee-Zubaidi exchange policy is the responsibility of the Central Bank for the first time dependent (Central) economic policy and the clear need for investment in Iraq.

He did not mention the Finance Minister that the political features.

..:: æßÇáÉ ÃäÈÜÜÜÜÜÜÜÜÜÜÜÜÜÜÜÇÁ ÈÑÇËÇ ::..


What are they trying to say here?

Do they mean that CBI is in control again!

That should mean that IMF Article VIII is done and CBI can determine their own course and policy!

That means they are able to change the exchange rate!

Thoughts anyone!

thats what I am reading it as

Economic : "Trade" restore 252 segregated political action and institutions in Sharkatehaudowaerha

Musdrmsaul announced in the Trade Ministry on the "252" politically segregated into service after having completed the Central Committee for studying the files separated from the political archives of the relationship.

The source explained that this measure comes in the light of guidance from the Minister for Trade on finding precise steps and rapid completion of all requests separated politicians for the purpose of providing decent housing to live in this segment of the community which has suffered from the scourge of injustice and oppression result of the repressive practices of the organs of the previous regime.
Stressing that the Ministry of Commerce has to service since 2003 / April 9 more than three thousand political dismissed for work in companies and the various ministry.

Economic : Effective participation of the Baghdad Chamber of Commerce in the reconstruction of Iraq Pkermanshah

A delegation from the Baghdad Chamber of Commerce in the course of the reconstruction of Iraq, held in the Iranian city of Kermanshah in addition to the participation of the delegation of the Federation of Iraqi Chambers of Commerce and the heads of some of Chambers of Commerce and a large section of businessmen and traders.

Held on the sidelines of the exhibition, many of the meetings between the participating delegations and officials of the Federation of Chambers of Commerce, the Iranian Chamber of Commerce and Industry Kermanshah included these meetings to find ways to to build commercial relations between the two neighboring countries, as well as developing and expanding in various fields and access to the formulas and mechanisms for the purpose of enhancing the role of Iranian companies in the reconstruction of Iraq and contribute with Iraqi companies in the various areas of work and cooperation particularly in the area of opening commercial banks Iraqi capital of Iran.
And Mr. President of the Federation of Iraqi Chambers of Commerce and a number of officials of the delegations participating in the exhibition to be held such conferences and exhibitions will be clearly in the development of trade relations and enhance the prospects of joint cooperation and emphasized the need to exert more efforts to support the political process in Iraq and to stand by the Iraqi people and consolidation of economic and trade relations between Iraq and the rest of the world, especially after the ratification of the new investment law and access to the Iranian companies to the Iraqi market in the fields of industry, agriculture and tourism. He briefed the delegation participating in the exhibition, which included a number of stands on the Iranian industries Kalsjad manual and mechanical materials, foodstuffs and motor oil, air conditioners, pipes and household goods, farm machinery and electrical materials and different held on the sidelines of the exhibition, many of the meetings between the traders and businessmen

Originally Posted by kiko

Iraq allocated eight billion dollars for housing projects
Baghdad-Adel Mahdi life-08 / 01 / 07 / /

The Iraqi government allocated amount of eight billion dollars for the Land Bank «» to support the draft citizens the benefits of soft loans to build on the land granted by the government to them (100 thousand residential plot), within the current year's budget, and the housing project which was announced earlier ...

The Minister of Construction and Housing Iraqi statement Ismail Dizah Yi, the government's determination to implement the housing project quickly, in an effort to solve the crisis of the local housing crisis, pointing out that her ministry had drafted into effect.

The Dizah Yi, during their participation in the meeting of the Council of Arab Ministers of Housing recent conference in Cairo, the government has solved the problems of citizens at the top of their priorities, including the problem of housing, which sought to solve, according to the investment in the construction of housing units for citizens with limited income, thus no easy conditions oppressive.

The minister said the Iraqi government called on Arab countries to participate in the reconstruction of Iraq, explaining that it «had yet to receive any response to this call, whether from the Governments of the Arab states or private companies - related ministries, while the global number of countries responded with the government of Iraq, and made offers to contribute to the process of reconstruction».

bazrgany

HMMMM
20% of their entire budget?

Re: Both Iraqi state provider Uruklink.net name servers offline

--------------------------------------------------------------------------------

To: Sean Donelan <[email protected]>, [email protected]
Subject: Re: Both Iraqi state provider Uruklink.net name servers offline
From: Brian McWilliams <[email protected]>
Date: Thu, 27 Mar 2003 08:23:03 -0500
Delivered-To: [email protected]
Delivered-To: [email protected]
Delivered-To: [email protected]
In-Reply-To: <[email protected] om>
Sender: [email protected]

--------------------------------------------------------------------------------


Someone has apparently hacked the Uruklink.net DNS server, and is trying to
redirect visitors to a third-party 9-11 memorial site. The Uruklink.net
site is still generally available via its IP address: http://62.145.94.111

Details here:

http://www.pc-radio.com/uruklink-0wned.html

Brian

I am unable to open the links provided....

Re: Both Iraqi state provider Uruklink.net name servers offline

Originally Posted by $onedaysoon$

thats what I am reading it as

Thought so!

OneDay, we can expect firework anytime now!

Originally Posted by owejac

Hi all

The site loads at my computer. However it seems to bee undr construction.

Take care
owejac.

Loads on mine too even logged in on the internet banking link on main page was good to see interest credited to my account. They sure have come a long way from when I opened my account very impressed I cant wait for the online share buying now that will make me go WOOT

Starting regardless new additions in the salaries of public servants and retirees

The Ministry of Finance said that the increase in the salaries of government employees and retirees would be introduced as of January according to the current regulations set by the relevant committees in this regard.

An official source in the ministry for the "morning" that the committee charged with studying the new retirement law had made the necessary adjustments to the resolution was based on obtaining approval from the Council of Ministers to be working side by side with the decision to increase salaries of employees with effect from this month. The director-general of the retirement Assembly renewed the new retirement law that would allow retirees to increase the salaries by up to 80% of the salaries of their peers in the ongoing jobs for the low degree of functional, and those who have 30 years or more of service, explaining that the increase would be identified according to the grades after they had been divided into four categories. It is noteworthy that the Ministry of Finance allocated amount (400) million from the budget of the year 2007 for the implementation of increasing the salaries of government officials, was an exception employees of the ministries of defense and interior of this increase.

Originally Posted by kiko

09-01-2007
An expert at the Central Bank calls for the restructuring of banks and development services

A weak banking awareness and the need for rehabilitation

Baghdad-Sabah
A person banking some inherent characteristics of the banking system, which is considered one of the most important reasons for failure and called for work to develop their own programs to change radically in order to develop the performance of this system and transform it into the ranks of leading international banks for playing a big role in the activation of the Iraqi economy ...
This came in the search by the assistant general manager of the banking and credit control in the Central Bank of Iraq and Idi Walid Abdel Nabi, which is marked "the most important characteristics of the banking system in Iraq and proposals for development" to a seminar of economic reform, organized by the Ministry of Industry and Minerals last year.

Because of the ideas aimed at raising the efficiency of performance of the banking sector at a time when the Iraqi economy from the distortions many for his contribution to the solution of important aspect considered "morning" to highlight the salient features of the research in this important.
He sees banking Walid weak awareness of banking and non-arrival of the Iraqi economy and society to the global level in this area is the most prominent feature in this area, which calls for the deployment banking awareness within the Iraqi society and the banks themselves through the development of banking services and dissemination.
Based on this analysis that the density bank in Iraq "the number of banks on the number of people" at the same bank every 46632 people, compared to the standard of banking density banks and one each ten thousand inhabitants.

He pointed out that the actions of Idi fiscal policy to merge government banks and reduce their number because of the security conditions are another indication of deepening awareness of the weakness of the banking emphasizing the necessity of separating the future after the demise of reasons.

One of the characteristics of the predominance of private banks by the family nature, and here is the problem of the narrow interests of the family, which is the result of the ownership and management with this situation caused the loss of banks between the wishes of the owners of capital and banking requirements and this is another factor indicates the weakness of the banking culture.
The absence of public banking strategies actors and the lack of all policies provided by the Banking Act and the Law of the Central Bank of Iraq, and this is another characteristic of the private banking system.

The researcher that the absence of institutions videotapes of the banking system and its insurance company, such as deposits and other insurance loans or offices for the study and analysis of banking and other dangers.
Idi pointed out that many other problems led to the decline of banking work in Iraq, including weak technological means used by banks and the problems of counterfeit currency and documents damaged and the problem of the transfer of money and provide services at the expense of secondary tasks, such as distribution of salaries of retired President and others.

He said : "All these issues are enrolled banking work, and the reason for the delay.
Idi researcher commented on the basic problems faced by government banks reference to the composition of boards of directors in government banks and combine public administration and the Governing Council is to be mentioned that most decisions made of a political and individual and far from the banking system affects the results of the bank.
Go further than that in referring to the method of distribution of profits that impede the access of governmental banks to a minimum of capital because the method of distribution, according to a banking expert opinion does not take into account the actual needs for the development of banking operations.

To reduce these impacts researcher proposes the development of the use of automation in the banking and appropriate software, and the reorganization and rehabilitation of the banking staffing, exempting banks from the burden of secondary services.
It demands a researcher studying the conditions of banks jurisdictional governmental organizations (real estate, industrial, agricultural, cooperative), and an investment bank into one and increase its capital and reconsidering the law on public companies and the breakdown of profits and boards of directors.

And calls to encourage banks to make loans and the establishment of joint bank loans and insurance company for insuring deposits to ensure the protection of depositors and banks.
The impression findings of the "morning" that the banking sector needs to restructure the banking system to the requirements of the current stage of the Iraqi economy.
The question that presents itself when the banking sector can address the challenges facing the challenge of rehabilitation? This is one of the things Page economic during 2007 within its means to highlight economic reform.

Translated version of http://www.kurdistanmot.com/ar/

very similar articles came out in november and also december. there was also one in december that said it had been DONE already.