Thread: Archive News - Iraqi Dinar Think Tank - 28/03/10 - 21/06/10

Finance Ministry receives $440m from Int’l Monetary Fund

Finance Ministry has received $440 million as a loan from the International Fund Monetary.

“The loan is processed according to an agreement between the two sides through which Iraq should get an amount of $3.6 billion in total from the International Fund Monetary,” the Iraqi ministry said in a release on Wednesday as received by Aswat al-Iraq news agency.

It noted that the received $440 million is the first dispatch of the total amount.
“Other dispatches are coming ahead this year,” the statement explained.

http://en.aswataliraq.info/?p=132976

Basra oil, gas revenues exceeds $223m in 4 months

Basra oil and gas revenues over the first quarter of 2010 exceeded $223 million.

“The revenues during the first four months of 2010 were around $223.3 million,” Ahmed al-Silaiti, deputy head of the Basra Provincial Council, told Aswat al-Iraq news agency on Saturday.

He noted that the achieved funds will be spent on projects in the province as approved by the Iraqi Planning Ministry.

“Basra has other revenues as well from border points,” al-Silaiti pointed out.

The oil-rich city of Basra lies 590 km south of Baghdad.

http://en.aswataliraq.info/?p=133108

Maliki-Allawi meet ends in agreement to set up national partnership government

A one-hour meeting between Iraqi Prime Minister Nouri al-Maliki and al-Iraqiya leader Iyad Allawi on Saturday ended in an agreement on the need to form a national partnership government encompassing all groups, an advisor for Maliki said.

“The meeting took place in a very positive atmosphere that would open the door for more dialogues and perhaps could give an impetus and lend more seriousness to them,” Ali al-Musawi told Aswat al-Iraq news agency.

Meanwhile, Maysoon al-Damlouji, the spokeswoman for al-Iraqiya bloc, said the meeting, which took place at Maliki’s office today (June 12), witnessed talks on forming the next Iraqi government and helped “break the ice” between the two sides.

The talks were attended by Sheikh Khalid al-Attiya, Hassan al-Saneed, Khudeir al-Khuzaie, Tareq al-Hashimi, Mohammed Allawi and Hassan al-Alawi.

The meeting comes a couple of days before convening the first parliament session, expected on Monday, and two days after a meeting between a delegation from al-Iraqiya and a delegation from Maliki’s Dawlat al-Qanoon (State of Law).

http://en.aswataliraq.info/?p=133125

Iraqi parliament to open three months after elections

Iraq will on Monday finally open its second parliament since the US-led ouster of Saddam Hussein in 2003, bolstering its nascent democracy three months after polls failed to usher in a new government.

The opening session of the Council of Representatives marks one of the few tangible forward steps taken by the war-battered country's politicians since a general election on March 7 resulted in deadlock between rival parties.

Diplomats and politicians, however, warned ahead of Monday's opening that a new government continues to appear some way off, and that it may be several months before the fine detail on the country's new leaders takes shape.

US forces are steadily being pulled out of Iraq and a new administration in Baghdad is seen as key to a smooth withdrawal of all American troops -- 88,000 remain in country -- by the end of 2011.

Former premier Iyad Allawi's Iraqiya bloc won most seats, 91, in the election, followed closely by Prime Minister Nuri al-Maliki's State of Law Alliance, which won 89, but both have failed to build a coalition government.

In a sign that the political tempo may be speeding up, Allawi and Maliki held a long-awaited meeting on Saturday, which was described as "friendly and positive," according to a brief statement released by the prime minister.

Despite losing the election, Maliki has battled to retain his post, calling for multiple recounts of ballots he said were fraudulent, which delayed the certification of results until earlier this month.

State of Law has also formed a coalition with the election's third-placed grouping, the Iraqi National Alliance (INA), in a bid to cancel out Allawi's narrow lead.

But the newly created National Alliance still remains four seats short of the 163 seats it needs for a majority in the 325-seat parliament, and has yet to name a leader it will put forward for the post of prime minister.

As a result, the selection of a new parliamentary speaker and president -- meant to precede the naming of a new premier -- is likely to be part of a grand bargain between Iraq's competing political blocs and religious groups.

And that will further delay the formation of a new government.

"I do not expect any government to be formed before Ramadan," said a senior Western diplomat, speaking on condition of anonymity, referring to the Muslim holy month which this year is set to begin in mid-August.

"If something happens on Monday, however, like the election of the speaker, that is a good sign, because that means there is broad agreement for the framework of a deal."
Delays to the formation of a coalition government have largely been attributed to the INA's refusal to countenance Maliki retaining his position.

State of Law have insisted that the incumbent, who garnered more votes than any other candidate in the election, serve another term.

Several MPs have likened the current government formation process to that which followed Iraq's first post-invasion parliamentary elections in 2005, when six months passed before a prime minister was chosen.

http://www.zawya.com/Story.cfm/sidAN...er%20elections

Zain Group appoints Imad Makiya Chief Executive Officer for Zain Iraq

Zain Group has announced a leading provider of mobile telecommunication services in the Middle East has appointed Imad Makiya, chief executive of Zain Iraq, to begin his duties officially starting on June 15, 2010.

The CEO of Zain Group, Nabil Bin Salama We are confident that the new leadership of the company will complete the process initiated by the success of Zain in Iraq by more than six years, and will maintain its lead in the market is highly competitive.

The bin Salamah said that the vast experience owned by Makiya and that he gained from his work in more than one leader in the global telecom operators in the institutions of international giants such as NASA's space will have a great impact in promoting the company's operations in Iraq and achieve the company's strategy for the coming period.

Ben and safety that the decision to appoint Makiya in this post comes under a policy of restructuring undertaken by the Zain Group, since March, in order to give its operations and operational units the flexibility to its new strategy.
He said that the Iraqi market the major markets for the group and is currently experiencing a boom in the development of the telecommunications sector and has tremendous growth opportunities, adding that the company has a large base of subscribers on its network, which is placed in the first place.

In his statement, the first in his new position, "said Emad Makiya It is my pleasure to assume the responsibility of leading the Zain Iraq, noting that he will draw in the methodology of his work in leading the company's rich experience, owned by its team distinguished, which make it one of the leading companies in providing communications services wireless technology.

He also expressed optimism that it will complement the company match in the sustained growth and contribute to the recovery of the economies of Iraq through the provision of job opportunities that have even surpassed this moment more than three thousand direct jobs and more than 50 thousand indirect jobs.

He said, proud to be part of the company made a positive change in the lives of many Iraqis, noting that the major challenges and new responsibility will overcome them through great confidence in the team Zain Iraq that brought the company to such high levels.

It is noteworthy that Makiya's new president, Zain Iraq, was formerly director of sales for the Middle Aloostalcbkat Motorola World, he oversaw the company's strategy offering solutions to the second generation and fourth-generation mobile service in the Middle East.

The movement of Makiya in more than one leadership position in the continent of Africa and, before that occupied various positions in the program and NASA NASA)) for space science, where he worked with Lockheed Martin and Boeing, note that Makiya holds a bachelor's degree in information systems and computer from the University of Houston, Texas the United States.

http://www.ipairaq.com/index.php?nam...onomy&id=26411

Senior Economist: state of economic stability, reflect long-term success of Iraq in fulfilling its commitments to reform international bodies

The expert economic peace Sumaisem that the announcement of entering Iraq in the case of long-term economic stability reflects the success of Iraq in fulfilling its commitments to reform international bodies.

The Sumaisem in contact with the agency, the independent press (Iba) that the international bodies of the World Bank and International Monetary Fund imposed on Iraq's programs of reform, economic ensure a secure environment contribute to the payment of the country for the loans, with the result to improve the dinar exchange rate and volume control inflation and reduce relatively well to control the proportion of old, which is the proportion of non-fixed and are affected by various global changes.

The U.S. Treasury Department recently sent a letter to the Iraqi Ministry of Finance reported that Iraq had made progress towards laying the foundations for long-term economic stability, hailing the agreements signed by Iraq early this year with both the IMF and World Bank.

She drew Sumaisem that international controls of programs of the IMF and World Bank to reckon them, and programs are high, despite the negativity and obstacles and pitfalls economic Iraq were able to interrupt a lot of his run and was able to Ministry of Finance of foundation for economic stability through honoring their obligations to the international actors.

She Sumaisem that advertisement of Iraq to lay the foundations of long-term economic stability is a message to institutions and businesses to call for foreign investment in Iraq because the economic stability, create investment friendly environment to various institutional investors.

Indicated that the declaration reflects the efficiency of the Ministry of Finance for being able to achieve a breakthrough in the under very difficult circumstances, and that would lead to high rates of turnout on the Iraqi market and heralds the future of a good investment promote the Iraqi economy, with evidence that demand for foreign market for the Baghdad Stock Exchange this year than it was in 2009 and more than it was in 2008.

http://www.ipairaq.com/index.php?nam...onomy&id=26417

Economist: oil investments rose the size of the country's economic growth

Aguetsai expert said that the oil investments in Iraq raised the expectations of the Iraqi economic growth, noting that the annual rate of 7% is the proportion of excellent.

The Imad Shehab in contact with the agency, the independent press (Iba) forecast that the growth rate of the Iraqi economy for this year is an excellent free compared to Malaysia as a stable, which he predicted the Minister for planning to be the size of economic growth for this year up to 5.1% in a region of fierce competition between China and the rest South East Asia.

He pointed out that the size of the Shahab-oil investment through licensing given by the Ministry of Oil is removed from the growth rates of the fact that the rest of the economy is down.

He said the industrial sector suffers from the pitfalls and the unemployed and the agricultural sector suffers from a similar situation except the tourism, which is witnessing a kind of partial progress somewhat.

The economic reports of the official Iraqi and foreign expected that the volume growth of the Iraqi economy for this year's 7%, which promised a high percentage and promise of significant progress.

http://www.ipairaq.com/index.php?nam...onomy&id=26460

Economist: delayed formation of the government led to economic depression

An economic expert said the delay in forming the government led to an economic recession that the level of economic projects implemented to contact the amounts to them.

Said Bassem Jamil Anton in contact with the agency, the independent press (Iba) that the delay in forming the government led to an economic stagnation that the level of economic projects implemented and reconstruction operations in the country to contact of the amounts allocated and disbursed to them.

Anton said that unemployment in the country more than 35%, but in the case of technocrats assumed positions of responsibility in the State could then be taken to eliminate the bureaucracy and solve a lot of economic problems and will shift to the center of the country to attract investment and scale.

He added that it is not possible to rely on oil revenues as a source of final for the Advancement of the Iraqi economy, adding that the industrial sector, agricultural and other productive sectors stalled.

He pointed out the existence of population increase up to around 3% per year, indicating that these data put us in front of a big problem in the case of Iraq's economic situation remained as it is.

http://www.ipairaq.com/index.php?nam...onomy&id=26489

Talabani: You must form a government that does not exclude any of the parties

Said President Mr. Jalal Al AlgmehripTalabani, in a speech on his behalf by his senior adviser Fakhri Karim, the ceremony memorial on the anniversary of the martyrdom of Sayyed Mohammed Baqir al-Hakim, head of the Supreme Islamic Council that the results of the elections reflected the will of the people taking part to self-determination of a unified, national government does not exclude any party be healthy manifestation of the disorder to achieve the demands of reform and national reconciliation its concepts to the positive reinforcement of the rule of law and freedoms.

Talabani called on to devote efforts to federal and unified Iraq, by the participation of all components and powered by the state. He added that the adoption of the Constitution and its application to ensure a definite ambition to embody the people, which is expected went to the House of Representatives and to reach a common denominator prompt us to bring our views and form a government.

He pointed out that there is a space of hope and optimism track our steps in the first session of the House of Representatives To confirm strive to remove any signs of defect and confirm the ability to step forward

http://www.wasatonline.com/index.php...7-54&Itemid=53

Kurdistan Regional Government to discuss with U.S. foreign relations

Search official Department of Foreign Relations of the Government of the Territory, with the help of U.S. Secretary of State for Islamic countries, bilateral relations and the political process in Iraq and the Kurdistan region, according to a statement Sdran provincial government.

The statement said Falah Mustafa discussed with the Assistant Secretary of State for Islamic countries Farah Anwar Bandes, in the German capital Berlin on Saturday, bilateral relations between the KRG and the United States, as well as the possibility of religious tolerance enjoyed by the Kurdistan region and mechanisms to promote religious tolerance and peaceful coexistence among the various slides religious.

The Mustafa, according to the statement, expressed optimism the strengthening of relations in various aspects between the United States and the Kurdistan region, as well as the Territory Government has sought to build civil society and establish a spirit of love and peaceful coexistence of different classes.

http://radionawa.com/ar/NewsDetailN....163&LinkID=151