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

Originally Posted by $onedaysoon$

someone on aboutdinar said that they heard the problems with RolClub is because of CBI flooding rolclubs server

I dont feel there is any truth to it. because even if someone here knew more then they should, it wouldnt matter to CBI they are not letting Dinar leave the bank anyway

The person who posted that came back stating it was a joke.

does anyone have any idea of why we have not seen a drop in the cbi rate for 3 working days?

Originally Posted by mustang sally

Number of banks 14 -----
Auction price selling dinar / US $ 1315 -----
Auction price buying dinar / US $ 1313 -----
Amount sold at auction price (US $) 103.410.000 -----
Amount purchased at Auction price (US $) 75.000
Total offers for buying (US $) 103.410.000 -----
Total offers for selling (US $) 75.000

It has to be drying up.

Looking good for us.

Would look nice 1315 =1.31

Originally Posted by mustang sally

does anyone have any idea of why we have not seen a drop in the cbi rate for 3 working days?

Yes, an article came out last week stating that the rates would remain the same till closing of business day the 14th, tommorrow hopefully there will be a change

Prime Minister Nuri al-Maliki today, Sunday, the House of Representatives to speed up the approval of the draft budget for 2007 the desire of the government not to delay the implementation and warranted the disruption of public projects.
."The Prime Minister said in a statement, read by the President of the House of Representatives, Dr. Mahmoud Almshahadani at the opening of today's meeting of the Council, "Everybody knows you for the exceptional circumstances experienced by the private Iraq and the security pressure against accumulations in addition to prior periods and their heavy on the government budget."

."Al-Maliki added that "the budget before imposed realistic considerations clear, Iraq is about to build its armed forces in all configurations in preparation for handing over the security file from the multinational forces at the end of the year." He referred to "the obligation of the State spending on the ration card and the network of social protection as this is a socially and politically, the government decided to maintain despite the exorbitant cost on the budget."

."The Prime Minister said in his statement that "the 2007 budget allocated is equivalent to ten billion dollars of investment, which is the highest amount allocated for investment ever in the history of the Iraqi budgets." Al-Maliki also pointed out that the budget this year for mines presented not all the aspirations of the government, he said, "we hope to draw greater amounts of investment despite all the Khssanah but budget fait accompli that has been taking into account exceptional circumstance which cut Iraq without neglecting the basic requirements we have to fulfill our citizens."

.It was the parliament has held its 59 open today, which set aside to discuss the budget for 2007.
.The meeting of the 59 had declared open since mid-December last December and the first devoted to the discussion of a number of issues, especially the budget
www.burathanews.com%2Findex.php%3Fshow%3Dnews%26ac tion%3Darticle%26id%3D13578&langpair=ar%7Cen&hl=en &ie=UTF8" target="_blank">Translated version of http://www.burathanews.com/index.php?show=news&action=article&id=13578

The development of the Iraqi economy in Babylon economic organization non-governmental and non-profit was founded by independent businessmen to help develop small and medium-sized enterprises and leading to a market economy in Iraq
.This was announced by Mr. Salah Bahiyah board chairman of the center and added : Founded Center in the province of Babylon in 2005 and now comprises more than 950 members, and includes terms of our trade and industry, construction, agriculture, tourism and services and other disciplines.

.He added : that the vision of the Center futuristic is to build prosperous Iraq economically operates on the system of the free market and in order to be Iraq a fertile ground for investments local and global in all areas and that it should have a resources other than oil such as agriculture, industry, tourism and trade and other On the goals of the Center said Mr. Salah Bahiyyah : that the Center has lofty goals aimed at making the Iraq advanced countries and seeks to fight poverty and unemployment as well as support youth and assist them and be eligible to take their role in the reconstruction of Iraq and support women to take its primary role in the work for reconstruction and rehabilitation of public sector employees and private sectors through courses of and lectures the lessons of the work of. And seeking to build a base of economic information of the industrial institutions, commercial and agricultural. And exhibitions and economic conferences for the definition of the Iraqi economy and provide aid to Iraqis and foreign investors who are willing to invest in Iraq or the work of investment partnerships with them.
.And on the central task of the Center for the development of the economy in Babylon confirmed that the continuous efforts of the Center to assist the development of small and medium-sized enterprises in the private and public sectors to take their role in the development of natural resources and human resources Pmaihaqk prosperity and peace for the Iraqi people.
added : we will work to build training centers economic equipped with the most updated means of training and works our status in order to accomplish Feasibility studies of the institutions and to assist them in obtaining loans for the expansion and Ttoermchariana and cooperation with similar institutions inside and outside Iraq to rehabilitate and develop owners and managers of small and medium - and the work of language courses English and other languages and teach them how to use computer and the Internet, art, business administration and we will try to campaigns wide media to sensitize the citizens of the the concepts of free market economy, the private sector and domestic and international investments and the privatization and the role of the private sector in the process of development and building and reconstruction of Iraq. At the end of his speech, Mr. Salah Bahiyyah that the center since its foundation and has many of the sessions, workshops and participated in the sessions outside Iraq and Kurdistan

ÌÑíÏÉ ÇáãÏì - ãÑßÒ ÊØæíÑ ÇáÇÞÊÕÇÏ ÇáÚÑÇÞí Ýí ÈÇÈá

ÏÈíThe Iraqi government has launched an initiative in the month of July 2006, under the title (the International Covenant with Iraq), and managed to Iraq, held two in the month of October to discuss a draft document that the Covenant, the first held in the city of Dubai


.The second conference in Kuwait, attended by representatives from several countries and many investors and businessmen, foreigners and Iraqis and different companies.
.It was us and discuss a draft document and make observations and obligations of the Iraqi government in exchange for a commitment by the companies and investors who contribute in the present Covenant to the rebuilding and reconstruction of Iraq to take the final form.
.Aims Covenant to establish a new partnership between Iraq and the international community through the reintegration of Iraq regionally and internationally on the basis of mutual respect and the pursuit of common interests in accordance with a national vision is to achieve the aspirations of the Iraqi people's efforts to consolidate by a federal, democratic and united, and the establishment of a strong economy enjoyed through which people prosperous and happiness and the protection of the poor and vulnerable groups of deprivation, hunger and the provision of appropriate standards of public social services to Iraqi citizens.
..It is clear that to meet the challenges of security, political and the administration of the country and the provision of basic services is the main demands of progress in all other areas, including economic recovery, is the national reconciliation and to promote security and elimination of terrorism and further economic and social reforms and the rebuilding and rehabilitation of infrastructure has important things to launch the development potential on Iraq and push forward towards the political and social stability and security will be international partners support the political, technical and financial support to help Iraq meet these challenges basis of mutual commitments between Iraq and the international community, ...
æãä Èíä :Among the most prominent structures that dealt with the document the :
ÇáÇÞÊÕÇÏíThe socio-economic
:The document adopted in the framework of social and economic needs clarification on the restructuring of reform and development in Iraq through the strategic development of national determine the following points Chairperson of the pillars of sustainable development :
* .* Strengthening the foundations of economic growth, including the framework for macroeconomic, in line with the standby arrangements for the International Monetary Fund.
* .* Stimulate the private sector through the creation of an enabling environment for the growth of this sector again.
* ÇáÎÏãÇÊ.* Improve the reality of life, ranging from the provision of basic services and the end of the simplest services.
*.* Provide security and the fight against corruption in all its forms.
:It focuses on the three areas of reforms and investment sectors :
1. .1. The reform of the management of public resources.
2. .2. Reforming the economy and social sector.
3. .3. Investment and sectors, agriculture and energy.
æÞÏ :These areas have been selected because of their importance in strengthening the capacity of Iraq to :
Ç. :A. Mobilization of resources :
È. :B. Attracting foreign investments :
Ì. .C. The exploitation of resources in an effective way that is transparent and accountable.
1. . The management of public resources
.The objective of the management of public resources to achieve the greatest possible benefit from the financial resources of the Iraqi people in all regions and provinces, without exception, are equal and that the establishment of a distinct management of oil revenues, agriculture, industry and other resources.
.With regard to oil revenues will be opening an account oil uniform for the receipt of income crude oil and gas subject to the oversight and scrutiny on a regular basis, as well as a production and export data and payments and revenues in addition to the formulation of financial policy macroeconomic into effect in order to protect the economy, especially the non-oil sectors of the effects of the fluctuation of oil prices and to encourage development diverse and sustainable economic environment and open sound.
2. ÇáÇÕáÇÍ ÇáÇÞÊÕÇÏí2. Economic reform
. æÐáß ÈÜ:Government seeks and effectively, through the investment, to create an enabling environment for public and private investment, domestic and foreign, and activate the role of the private sector as an engine for sustainable economic growth and diversity and the creation of job opportunities and to create the appropriate conditions to achieve maximum benefit from foreign aid and attract investors and integration in the global economy. And this by :
* .* Strengthening of the rule of law in commercial and financial activities to ensure the protection of private property and the application of the law of investment effectively, and create immediate new commercial code.
* .* Formulation of the strategic restructuring and privatization of public companies and management on commercial basis and to encourage entrepreneurship.
* .* Provide funding for private businesses, especially small and medium-sized enterprises.
* .* Allocate funds to encourage the private sector within the legislation and the rules on public procurement.
Çä:The achievement levels task of stability and economic growth requires the provision of basic services and in order to achieve this broad range of investment to be on the Iraqi government to seek means of support from the international community following :
- .- Additional funding outside sources of funding approved by Iraq in the budget.
- .- Mechanisms of implementation allows investing additional financial resources without new burdens on the government, which includes paying particular attention to mechanisms to encourage investment in the private sector.
- .- Administrative and technical assistance to upgrade the systems and investment operations in Iraq, especially in the area of public procurement in order to expand the capacity of the government to implement investment plans.
3. ÇáÊäãíÉ ÇáÈÔÑíÉ3. Human development
ÇäãÉ.One of the priorities of the Iraqi government impel human development forward, and raise the overall level of Iraqi citizens and the protection of security, economically, socially and improve their well-being and productivity and the mobilization of human capital in Iraq as a key element in order to achieve human development, which is one of the main findings of the International and one of the basic criteria to evaluate the effectiveness of the government.
.This is an area of particular importance in terms of restoring the confidence of the Iraqi people compensability of State for the protection and meet their needs, and to ensure investment in human capital for the future sustainable development, and ensure non-discrimination in access to basic services for people, and the rights and freedoms will help to create an atmosphere of consensus and decisions and thus achieve social peace.
Úáì:To achieve this the government will :
1. .1. At raising the standard of living for all citizens, without discrimination or distinction.
2. .2. Reducing unemployment to the lowest possible level, and increase the participation rate of women in the labor force.
3. .3. The elimination of ignorance, illiteracy and raising the level of education at all levels and increase the budget allocated to this sector.
4. .4. Increased spending in the health field for the development and rehabilitation and to ensure universal access to basic health care.
5. 5. Work on the provision of adequate housing is good and the elimination of the housing crisis faced by many Iraqi families, and attention to rural areas and ensuring access to basic services.
6. .6. The protection of the poor and economically vulnerable, and their reintegration into society in general and communities in particular.
7. .7. Addressing the needs of forcibly displaced, refugees and returnees to the land of the country, widows and enable them to participate in building their community.
8. ÇáÍÏ.8. Reduction of gender discrimination, and increase the participation of women in public life and economic activity and the level of political decision-making and participation in the process of making democracy and protect them from violence and the mobilization of their capacities in order to achieve peace.
ãÇ ÇáãØáæÈ áÊÍÞíÞ ÇáÚåÏ¿What is needed to achieve the Covenant?
.What Ashrth closely with the International Covenant Iraq was very important but all of these indicators can not be without a ground and the climate is to absorb these indicators. The land and climate, which are based on a stable political and security, and the first steps to achieve this situation strengthening the national interest and the establishment of a strong national front moderate believers and the political process, democracy and the unity of Iraq ... The action to reconsider the ministerial responsibilities so as to achieve the government of a coherent, strong and highly qualified professional ministers. Also we have to work to end the quotas in all presidencies and high-level positions and higher, and make the ministries and state institutions all citizens.
æÊÍÞíÞ .Achieving equality fixed including an investigation of what came in the Iraqi constitution. And on the security front must speed up the restructuring of military and security forces purged of corrupt elements and building devices based on high professional and complete independence, and arming these devices equipped gear caffeine and unsophisticated. And quickly that the multinational forces outside the cities and use in light of the challenges and the least possible, and to set up a timetable for their withdrawal to complete sovereignty and independence of Iraq.
ÈÑÇÁÊå.Also to be expediting the completion of the files of the detainees and the release of proving his innocence.
.It also must step up to solve the militias and arms in the hands of the state and working to create a state of institutions and law.
æÝí .On the economic and financial. Work must be radically and real to eliminate financial and administrative corruption disabled deadliest in the process of building an advanced and strong economy, and encourage the re-efficiency Iraqi various levels and business activities and stimulate the private sector and to restore the machine Iraqi economic and work on reducing inflation.
.In the basic services, the reactivation of the state institutions to put an end to any real crises experienced by the citizens because it lacked the most basic services.
Çä.Such land is the real encouraging States, companies and foreign investments to enter Iraq and the realization of the document the international with Iraq.
www.alsabaah.com%2F&langpair=ar%7Cen&hl=en&ie=UTF8 " target="_blank">Translated version of http://www.alsabaah.com/

It's good to be back!

CBI Arabic side is up again. No change in the denomination. Was hoping to see the smaller ones.

The sale price of remittances dinars (1313) / $. The sale price cash dinars (1326) / $. The cash purchase price (1324) dinars / assignment. 2. The quantity sold, the amount of cash (21.910.000) dollars and the amount of remittances (81.500.000) dollars. 3. The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Thursday, January 11, 2007 until the end of office hours on Sunday, which falls on January 14, 2007 and pledged to meet the demand for foreign currency without limit and regardless of the quantities required and all its customers. The Directorate General of investments bulletin buying and selling rates of the major currencies, on Sunday, January 14, 2007 purchase price in Iraqi dinars unsupported sale price in Iraqi dinars unsupported