Thread: Archive News - Iraqi Dinar Think Tank - 06/10/2010 - 24/01/2011

Kurdish Alliance rejects the budget as presented by the government

Kurdistan Alliance members expressed their rejection of the general budget for 2011 in its current form.

He said deputies from the coalition at a news conference they held the House of Representatives that the government is not committed to the proposals submitted by the Finance Committee of Parliament on the user desire to dominate the provincial councils.

The number of members of the Kurdistan Alliance, withdrew from the parliament session today when the first direct reading of the public budget.

http://radionawa.com/Ar/NewsDetailN....523&LinkID=155

Parliamentary: the Iraqi economy to a market economy turns

She said the parliamentary and economic peace Sumaisem that the Iraqi economy turns to a market economy, and the process of transformation of the economy of a totalitarian centralized to a market economy is not an easy process, and added that, despite the blunders which now gets the lack of coordination between government programs with each other, but it expects good for the Iraqi economy.

http://radionawa.com/Ar/NewsDetailN....524&LinkID=155

Etisalat is seeking to make a deal with Kuwait's Zain

Said Emirates Telecommunications Corporation "connections" on Sunday, they are still trying to conclude a deal are clear and specific with Kuwait's Mobile Telecommunications Company "Zain", although not complete due diligence before the deadline, which was scheduled yesterday.

The company said in a press statement that "the parties have not made sufficient progress to complete the deal in time for the failure to complete the open book accounting by Zain telecommunications company to be able to complete the procedures of the examination process."

"Therefore the parties concerned continue to work with both companies about the Declaration of a deal are clear and specific."

http://www.radiodijla.com/cgi-bin/ne...?id=2011-01-16

Kurdistan region to limit Baghdad oil exports to the region by 100000 bpd

A Leader in the Kurdistani Alliance said on Sunday that Kurdistan region government is determined to ask for limiting Baghdad oil exports to the region by 100000 barrels per day and pointed that this step comes after the central government limited Kurdistan region exports share to 150000 barrels per day.

http://www.alsumaria.tv/en/Economics...00000-bpd.html

Kurdish lawmaker: Federal Government is required to seriously consider objections to the Kurdistan Alliance, the general budget

A member of the House of Representatives of the Alliance of Kurdistan forces Burhan Mohammed Faraj Our objections to many of the paragraphs of the general budget for the current legal and the federal government to deal seriously with these objections and accelerate change the objectionable paragraphs.

He said Faraj told the independent press (Iba) The objections of the Kurdish forces are concentrated on the issue of export of oil and the powers of the Minister of Finance and others have been re-balance to the government for amendment. Pointing to the existence of regional prime minister, Barham Saleh, in Baghdad to discuss this matter with the federal government.

Faraj explained that our observations on the budget and to demand the amendment of some paragraphs to be stricken by the benefit only to the Kurds, but for all the Iraqi people and especially Maitalq oil wealth and distribute revenues.

According to Articles 108 and 109 First of the Constitution that the oil and gas belongs to the Iraqi people in all the regions and governorates. With the federal government will administer oil and gas extracted from current fields in cooperation with the governments of producing regions and provinces, to be distributed and imports fairly commensurate with the demographic distribution all over the country , with the share of fixed-term of the affected regions, that were deprived in an unfair way by the former regime, which had been damaged after a way that ensures balanced development in different parts of the country.

http://www.ipairaq.com/index.php?nam...onomy&id=34617

Jordan: This year will see the rail link project between Iraq and Jordan

Detection Secretary-General of the Jordanian Ministry of Transport Muhannad judges completion of feasibility studies, financial and preliminary designs for the project to link Jordan to Iraq by railway, and is expected to start in the implementation of the project this year.

Judges pointed out that the importance of land connection by rail between Iraq and Jordan will increase the volume of trade exchange between the two countries, and will minimize the delay in the entry of trucks and goods to and from the two countries.
The judges added that "the Jordanian Ministry of Transport will be bidding the project during the next two months to direct its implementation later this year, and the term which is supposed to take to implement the project is three years."

http://www.radiodijla.com/cgi-bin/ne...?id=2011-01-16

Arab Summit hosting costs added to 2011 budget

On Sunday, Alsumaria News received the amended copy of a draft law for Iraq Federal Budget for the fiscal year 2011 in its final amended version after adding the estimation cost of hosting Arab Summit in Baghdad.

http://www.alsumaria.tv/en/Economics...11-budget.html

Kuwaiti Minister of Finance and Industry emphasize the strengthening of cooperative relations between the Arab countries

The Kuwaiti Minister of Finance that the goal of the summits of economic, social and developmental Arab comes to strengthen ties of cooperation between Arab countries and work on the elaboration of development strategies to achieve cooperation with regional organizations and international institutions, and that the Preparatory Committee to form the Economic Odt set of controls for the projects to be presented to the summit on Wednesday.

The Mustafa Jassem Al-Shamali in a speech during the inauguration of the Economic and Social Council of the Arab presence of a reporter and news agency Kurdistan (Rn) announced today that "the Preparatory Committee set up by the Economic Council has developed a set of controls for the projects for presentation to the Summit is that these projects should be prepared and ready for integration and integration in the Arab world and have concrete results on the Arab citizen."

He called on the North that "the private sector may have a role and should include mechanisms for financing and implementation and to take into account its time limit, because a number of decisions and projects issued by the summit is the first set with a time limit for the customs union and the electric linkage, land connection by rail and Arab food security and water and the integrated program to reduce unemployment and improve education and improve health care in the Arab world."

He asserted that the "initiative, Emir of Kuwait to provide financial resources required to finance small projects is one of the most important projects issued by the Kuwait summit," pointing out that the Fund entered into force on October 18 October 2010 was approved the Regulation for him."

He said that "the value of Arab contributions to the fund amounting to one billion and 298 million dollars in addition to the contribution of the Arab Fund for Economic Development," referring to Kuwait when it sought to host the summit was aware of the challenges facing the Arab nation and of the increase in poverty, unemployment and poor living conditions and the modest intra-regional trade and domestic investment and the migration of capital and brains, poor infrastructure and lack of education keep pace with output to the needs of the labor market. "

For his part, Minister of Trade and Industry Rachid Mohamed Rachid said, "the Economic Summit, the first in Kuwait and accompanied the occurrence of a global financial crisis has had and still far-reaching effects on the financial and economic conditions in the world, explaining that" the implementation of the decisions made by Arab summits have become necessary to implement its decisions and recommendations as they affect the citizens, activating the role played by labor organizations, the Arab specialized agencies of the Arab League and by developing a method of work."

He said the "decisions already made by the Economic and Social Council at its meetings in the past years is to develop the work of organizations of work of the Arab League would serve as homes experience of the Arab countries," stressing that "the time has come for implementation to ensure their active participation in this area."

http://www.aknews.com/ar/aknews/2/211177/

Current year to witness activating anti-poverty strategy in Iraq

The current year is expected to witness the activation of the anti-poverty strategy by the Iraqi authorities, aimed at decreasing the percentage of poverty in the country from 23% to 16% by the year 2014, according to the Planning Ministry's Central Statistics Body on Tuesday.

"The strategy to decrease poverty will be activated this year," the Central Statistics Body's official spokesman told Aswat al-Iraq news agency, pointing out to "the scientific steps for the anti-poverty strategy for the current five-year plan - 2010-2014, along with connecting it with the General Budgets for 2010 and 2011, taking into consideration that the said strategy had been launched since the beginning of 2010."

He said that "the plans and programs for this strategy shall be implemented according to their time schedules, laid down for the forthcoming years ending by 2014," adding that "each of those years shall have a certain percentage for the accomplishment of the plan, in order to decrease the percentage of poverty in Iraq from 23% to 16% by the year 2014."

The High Committee for the Strategy to Decrease Poverty in Iraq, according to the Joint Cooperation Agreement concluded between Iraq's Planning Ministry and the World Bank in 2007, had comprised female members of the Iraqi Parliament, representatives of the ministries, universities and north Iraq's Kukrdistan Regional government, in order to prepare a platform of statistical statements, related to the social and economic conditions of the family in Iraq.

http://en.aswataliraq.info/Default1....&id=140576&l=1

2010 Inflation rate drops

Central apparatus for census and information technology affiliated to the ministry of planning said on Sunday that the yearly rate of inflation dropped last year in comparison with the previous years and added that the apparatus will use manual equipments in order to measure inflation rate in Iraq.

http://www.alsumaria.tv/en/Economics...ate-drops.html