OIL 101: ENERGY ECONOMICS
OIL 102: PEAK CHEAP OIL
OIL 103: SHALE OIL
OIL 104: ENERGY & THE ECONOMY
CENTRAL BANKING 101: COMING SOON
CENTRAL BANKING 102: COMING SOON
CENTRAL BANKING 103: COMING SOON
CENTRAL BANKING 104: COMING SOON
MONEY 101: MONEY CREATION
MONEY 102: MONEY AS DEBT
MONEY 103: COMING SOON
MONEY 104: COMING SOON

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  • harry's Avatar
    Today, 08:50 AM
    Central attribute setting sale of foreign currency window to ensure the stability of the dinar exchange Mon, August 29, 2016 14:36 BAGHDAD / Baghdadi News / .. justified the Central Bank of Iraq, on Monday, put the window for the sale of foreign currency, for the purpose of ensuring the stability of the Iraqi dinar exchange. The bank said in a statement received / Baghdadi News / copy of it, that "Commenting to issued opinions about the work of selling foreign currency window we would like to show that the sale of the currency window is the way to ensure the stability of the dinar exchange rate over the meeting of the Iraqi economy requirements through foreign currency provision to cover private sector imports of goods and services. " The statement added, "This action came to meet the needs of citizens for the purposes of travel, medical treatment, and study outside Iraq, despite the absence of any allocations in the budget since 2003 and so far for this purpose." He continued, "The central bank has worked to develop its procedures in this regard by encouraging banks to adopt opening letters of credit mechanism for import rather than remittances style, reaching sales ratio manner credits to more than 70% of foreign currency sales." The statement pointed out that "the Bank has developed a fundamental criterion for the implementation of dollar selling operations to banks include their compliance with the rules of the fight against money laundering and terrorist financing, as well as the preparation and application of standards for the electronic system for window sale and purchase of foreign currency (remittance)." He pointed out that "also comes to give a greater role for the government to sell the dollar and buy, develop and check the sources of funds used for the purposes of buying dollars to banks from the sale of foreign currency window" . http://www.albaghdadianews.com/economy/item/101003-AkLEKen-nIeN-NzhI-lAJd%D8%A9-BnI-AkILk%D8%A9-AkavlBn%D8%A9-kzhLAl-AYObjEAE-ZHEJ-AkDnlAE.html
    1 replies | 71 view(s)
  • harry's Avatar
    Today, 08:39 AM
    Moves to restore money diverted 8/29/2016 0:00 BAGHDAD Alaa al - Taie financial advisor to the Prime Minister, about the presence of motionless by the government in coordination with the United Nations, in order to recover millions of dollars smuggled out of the country during the years Almadih.otota revealed that step, according to government adviser appearance of Mohammed Saleh, during his speech »Sabah» after the signing of Iraq to a memorandum of understanding with the United Nations, requires the involvement of international investigators to review and audit the files of corruption and prosecute those involved in them in a manner consistent with the internal preparations in the government 's program and the document of reform to fight corruption and restore the money smuggled out of the country in order to achieve justice Alajtmaih.oukal Saleh, the great mobility «and unspoken »is underway in coordination with the United Nations and international investigators, and the support of the Iraqi government, the aim of the money smuggled restore, pointing out that these steps are part« of the national will adopted by the government of Prime Minister Haider al - Abadi, under its comprehensive reform, which aims to fight corruption and restore the people 's money ». financial adviser said, that the government 's understandings with the United Nations development program and investigators international in order to expand cooperation to restore the people 's money looted during periods Mokhtlvh.sv favor of the nature of the tasks performed by UN investigators in the fight against corruption and money - back contraband, pointing out that investigators missions the core is «review and scrutiny and the intersection of some of the well and the names and activities during the past ten years» explaining that the duration of the work of the investigators and the memorandum signed with the government, to carry out those tasks, set two years, subject to Tmdid.kma Saleh stressed, that the memorandum includes assisting Iraq in the detection of You corruption and prosecute those involved who have fled outside the country, and work to restore the money smuggled over the past years. http://www.alsabaah.iq/ArticleShow.aspx?ID=122295
    0 replies | 47 view(s)
  • b1955's Avatar
    Today, 08:37 AM
    Good Morning all of DS have a great week!!! :) :) :)
    490 replies | 19832 view(s)
  • harry's Avatar
    Today, 08:33 AM
    Parliamentarians: Abadi with a mandate to choose his cabinet 8/29/2016 0:00 BAGHDAD - Muhannad Abdul Wahab stressed parliamentarians on the need to grant the Prime Minister, full powers which allow him to choose candidates technocrats vacant bags, interior and defense, especially, as they relate to the security file of the country, stressing that « a free hand to deal professionally and outside the framework of political partisanship is a new political norm would map the way for future governments. » the MP said the bloc Mohammed al - Masoudi: the« political situation of the country is going through, makes it imperative for politicians to take further measures to traverse these crises «. He Masoudi told the «morning», said the crisis experienced by many of the country, including the economic, security and political axis axes, indicating that « the political crisis melted dramatically after the intervention of the wise men who have reached a resolution authorizing Prime Minister Haider al - Abadi, in the selection ofcabinet of technocrats to assist and consult political blocs ». the MP pointed out , that the heads of the blocks are calling for changes in the independent bodies, and work on the selection of qualified technocrats to management, pointing out that« most of the political blocs demanding the change of independent bodies, the choice of professionals have ». He stressed Masoudi, the need to take advantage of the prime minister, the mandate accorded to him by the people and the reference and political parties, to bring about a change in favor of the government run by technocrats, and work to pass from trying to thwart those steps, and putting obstacles in front of completion. In turn, the MP for the coalition National, Abbas al - Bayati said a vote on the five ministers «transportation, oil, water resources , higher education and commerce» Prime Minister gave the green light to offer the rest of the candidates of technocrats to fill the vacant portfolios ». Al - Bayati said in a statement to« morning «there is « the satisfaction of a popular vote on technocrat ministers, who were deployed CVs »indicating that« the competition for independent bodies should be subject to specific controls led by professional and efficient work ». the MP pointed out that the political blocs gave light Ala_khasr to the Prime Minister for the nomination of independent autonomous bodies, confirming the presence of a fruitful cooperation between the blocks political and Prime Minister to resolve the vacant ministries and independent bodies file, pointing out that the political blocs were looking for during this period is to send positive messages to the Iraqi people that the government and parliament Sairan towards filling all positions with people Mhennen and with high efficiency. for his part, MP for Bader bloc Mohammed universe, in a statement to «morning» that «mandate the popular prime minister, and is backed by the House of Representatives and the reference, which is a new practice , which will be the new way to choose the executive powers away from the party and partisanship». among «the delegate Abadi is delegated tacit and will turn into a political knew in Iraq will be a road that going for it the next government «. http://www.alsabaah.iq/ArticleShow.aspx?ID=122310
    0 replies | 26 view(s)
  • harry's Avatar
    Today, 08:23 AM
    Statement issued by the Central Bank of Iraq Commenting to issued opinions about the work of selling foreign currency window of the Iraqi Central Bank wishes to state that "the sale of currency window is the way to ensure the stability of the dinar exchange rate over the meeting of the Iraqi economy requirements by providing foreign currency to cover imports of the private sector goods and services, in addition to the needs of citizens for the purposes of travel, medical treatment, study outside Iraq, despite the absence of any allocations in the budget since 2003 and so far for this purpose. However, this bank has worked to develop its procedures in this regard by encouraging banks to adopt the mechanism of opening letters of credit for the purposes of import instead style remittances, reaching sales ratio manner credits to more than 70% of foreign currency sales, as well as the Central Bank has set a key benchmark for the implementation of dollar selling operations to banks include the extent of its commitment to the rules of the fight against money laundering and terrorist financing, as well as the preparation and application of standards for the electronic system for selling window and purchase of foreign currency (remittance), and a greater role for the government to sell the dollar and buy, develop and check the sources of funds used for the purposes of buying dollars to banks from the sale of foreign currency window. http://pressiraq.net/p=45131
    1 replies | 71 view(s)
  • Bondlady2's Avatar
    490 replies | 19832 view(s)
  • harry's Avatar
    Today, 08:14 AM
    Government: 103 trillion dinars 7102 budget 8/29/2016 0:00 BAGHDAD Shokran Fatlawi discuss money and economists ways to search for new resources to supplement the general budget, expressing concern about rising deficits as a result of the deterioration of oil prices and its impact on the Iraqi economy, by addressing the negatives that REO. Participants gather at the seminar organized by the progress of the Policy Institute development and attended the «morning» the importance of studying the reasons behind not to increase non - oil revenues , and develop solutions to them, in addition to knowledge of the plug , which relies on domestic borrowing taking into account the benefit of farmland and reconsider the value of the dollar mechanisms let alone establish the necessary controls that limit drain economic resources of the country. read the budget Law , president of the institute d. Mehdi al - Hafez initiated a symposium titled «lights on the oil situation and the potential challenges» diagnosis of negative indicators caused by falling oil prices, stressing at the same time the need to diversify the financial resources based on taxes , customs duties and levying fees water and electricity and increase taxes online and mobile phones. He also noted Hafiz in his speech to the need to read the General budget Law in accordance with the visions that came in, in terms of the diversification of resources and improve the link by improving the relationship with the international Monetary Foreign funders of the state fund. He praised Hafiz on the issue of lowering estimates for the price of a barrel in the budget and calculated the amount of $ 35 a barrel to avoid problems caused by low oil prices in the future note that prices are currently ranging between 40-45 dollars. increase the volume of production and financial a dvisor to Prime Minister Dr. The appearance of Mohammed Saleh , said: required to increase oil production volume by 400,000 barrels per day from 2016 production and to ensure that part of the funding equation difficult and roof of the proposed budget for the year 2017 amounting to 103 trillion Iraqi dinars by deficit jumped to 34 trillion dinars of 24 trillion dinars , what was it . Salih noted that oil revenues with the payment of licensing companies with what is left is not enough to meet the employees ' salaries so the government resorted to plug of borrowing , which led to high domestic debt to 45 trillion dinars is expected to reach the end of this year to 51 trillion dinars. He that what has been paid by the oil companies to service contracts totaled $ 43 billion since 2011 to 2016 with revenues of $ 200 billion in order to maintain production volumes which represents suffocation can either be imported from the local need for oil derivatives with high costs , or that are increasing the volume of production , explaining , said total revenue for 2017 will amount to 70 trillion dinars of oil revenues 58 trillion dinars and other income 11 trillion and the price per barrel will be $ 35 and the amount of current expenditures 76 percent and investment 24 percent and the proportion of the deficit 32 percent and the percentage of coverage of 66 percent internal sources. glut the oil market , for his part , oil expert Fouad Qassem ruled Alamerastaadh oil prices recover any return prices to $ 80 a barrel until the year 2020 due to a glut in the oil market is estimated at 3 million barrels per day , pointing out that prices will fall during the winter season and rise slightly in the summer by the increase and decrease in satiety oil and speculation. He noted the Prince to the existence offactors that will keep prices low , including allowing Iran to increase its output, after the lifting of the embargo, as well as the possible return of Libya to export accompanying unwillingness of Saudi Arabia to cut production levels , let alone increase oil production rates of rock. eliminate the glut promised adoption price of $ 35 a barrel in the budget of 2017 the good price that the prices range from $ 40-45, calling at the same time , the new oil minister to the need to campaign ties aimed at persuading oil - producing countries to cut production by 7 percent to eliminate the glut of existing which would raise prices to around $ 80 a barrel during the short period of time. http://www.alsabaah.iq/ArticleShow.aspx?ID=122287
    0 replies | 39 view(s)
  • harry's Avatar
    Today, 07:58 AM
    Moves to increase non-oil revenues 8/29/2016 0:00 BAGHDAD - Farah pumice Parliamentary Finance Committee unveiled a government movements - a representative to increase non - oil revenues. According to the Chairman of the Committee Mohammed Halbusi »Sabah», the move aims to expand the volume of non - oil revenues by activating the collection and application of the laws relating to tariff and other measures. the Finance Committee may Devt Dr. Mzarmohamd favor of a financial advisor to the Prime Minister for economic Affairs and the general managers of the departments of tax and estate State customs and representatives of the Central Bank and the telecommunications Authority and the media. He Halbusi that the meeting discussed ways to resolve the problems and constraints faced by these departments that stand in the way of preventing further its revenues, as it has been put forward new ideas to address these negative aspects, through increased control, audit and prosecute corrupt, as well as readiness to support these services and solving the problems of by creating amendments to some legislation related to their work, in addition to carry out education campaigns to encourage compliance with these laws. the Prime Minister , Dr. Haider al - Abadi has stressed the importance of raising the efficiency of the use of the estimated revenue for the year 2017, towards securing salaries and wages and salaries of retirees and insurance payments of social protection network and the ration card. in turn, said committee member Jabbar Abdul Khaliq that the committee is working on activating the non - oil revenues to reduce the burden of winning on the budget due to falling global oil prices. He said the existence of other non - oil revenues , including taxes and customs duties, can form a figure was not bad in the support budgets Albuldalfdralah, noting that the2017 budget will not differ much from those for the current year. as between the government girl next year 's budget at $ 35 a barrel , which is reasonable remains unchanged drop in oil prices, pointing out however that the deficit will be repaid through domestic borrowing and external. http://www.alsabaah.iq/ArticleShow.aspx?ID=122286
    0 replies | 28 view(s)
  • harry's Avatar
    Today, 07:54 AM
    Central urges expansion of banking activities 8/29/2016 0:00 BAGHDAD Hussein Tgb CBI called for private banks need to comply with the instructions and controls to enable it to promote the private banking sector and increase the citizens ' trust in him, and contribute to higher levels of financial innovation , after falling to a great extent during the last period. The representative of the Central Bank at the annual meeting of the Islamic National Bank: to be the expansion of banking activities in order to attract the largest number of beneficiaries of the citizens and companies, and pointed out that the central bank focuses on important aspects of private banks operate in the forefront of compliance with processors money laundering and risk management the internal audit these important things contribute to a large one in maintaining the functioning of the banking business and the creations of the beneficiaries, and help reduce losses and branches of banks. But Laith high - Vice Chairman of the Islamic National Bank administration pointed to competition easier handling and recycling of funds between banks , government departments and acceptance issued by private banks instruments mechanisms. He said that the work and investment stopped after the growth of the banking activities, and the financial conditions of the country and the trend towards austerity prevented the expansion of banks and stopped aimed at horizontal expansion plans. Islamic banking expert d. Dr. Sadeq al - Shammari said that the central and private banks Ajmaa on the need to promote human resources Almt_khassah different activities and bank products, and the development of systems and technologies needs to be qualified to a high degree of mastery, pointing out that the banking sector needs to develop regulations and make them compete for banks regional and international. He said the rapprochement between the central and private banks would create an environment conducive to the development of banking, where banks operate according to the central instructions governing the various activities and services and pursue the course of financial matters. He stressed that the Islamic banks were taken to expand and grow horizontal rapidly to the presence of a great demand in various countries around the world on the offer of products represented an attraction of its own profit commensurate social attitudes and economic. http://www.alsabaah.iq/ArticleShow.aspx?ID=122285
    0 replies | 30 view(s)
  • harry's Avatar
    Today, 07:34 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its, we are 1 day closer.
    490 replies | 19832 view(s)
  • ksdunlap's Avatar
    Today, 06:16 AM
    Good morning tudor, harry, guardian, Bondlady, cleopatra, b1955, Jade, Rr & all of DS. I hope everyone had a great weekend & as an even better week. Stay safe & enjoy it :).
    490 replies | 19832 view(s)
  • HotRod's Avatar
    Yesterday, 01:27 PM
    Well "B" is fair and definitely an upgrade. But an "A" or "A+" would make the statement that Iraq is truly ready to play with the Big Boy. I look forward to seeing some growth in future credit reviews. Thanks harry
    1 replies | 92 view(s)
  • HotRod's Avatar
    Yesterday, 12:59 PM
    Been gone for a few days, just catching up. I agree with DodgerBoy and ronald h. isbell. And Agriculture definitely qualifies as an exportable good. Oil is already traded in Petrol Dollars so I don't think it qualifies, but pretty much any other exportable good should. But the part I liked, if I remember right, is having to have an Internationally Recognized Currency to become a Full Member. This was the part that kept all trade fair. I am glad to hear this is sill priority in the mindset of the Iraqi Government. Thanks harry for keeping us all informed. I would be lost in this investment without yours, Guardian's and others help in keeping us all informed.
    3 replies | 272 view(s)
  • all in's Avatar
    Yesterday, 10:45 AM
    WOW!! he walks, must have been an FBI investagation.
    1 replies | 76 view(s)
  • harry's Avatar
    Yesterday, 08:40 AM
    Legal: questioning Zebari fell after the adoption of the amnesty law 28/08/2016 10:49 Direction Press / Baghdad Ray legal expert Tareq Harb, Sunday, that the questioning of the finance minister, Hoshyar Zebari, fell from him after the approval of the House of Representatives for a general amnesty law, which included charges of corruption. He said the war in a statement obtained by "direction Press" a copy of it, that "Minister Zebari which Parliament took over the questioning last Thursday, and the voice of non-conviction Bojobth was presented a request to withdraw confidence in him has become a theme now terminated the issuance of the amnesty law, which decided a general amnesty for all financial corruption crimes and administrative. "He added, "It therefore may not be constitutionally walk down the steps to withdraw confidence and his dismissal of parliament after parliament amnesty law legislation on the same day so that the material (61 / VII / c) of the Constitution required to conduct the interrogation of the Minister of accounting requirement and the accounting required by the Constitution expired issuance Amnesty Law, which included against the integrity of financial corruption and administrative corruption crimes. "He said, "All the charges against the Minister of Finance of the Attorney Haitham al-Jubouri is of interest to financial and administrative corruption, including the Amnesty Law dropped these charges and crimes and finished described as illegal and described as illegal and considered deeds permissible not punishable by law so disarming character illegal by the decriminalization and as such is legal, which was carried by these acts before the issuance of the amnesty law. "He stressed that he "can not be held accountable person accounting and finance minister for the actions considered by the amnesty law deeds permissible and decided not to punish, so the constitutional requirement for interrogation which accounting requirement contained in the previous article, and certainly in Article 58 of the Rules of Procedure of the House of Representatives considered had fallen constitutionally and legally. "He pointed out the war to, that " the actions of Foreign Minister , which the House of Representatives took over the questioning is of interest for the actions become legitimate and permissible amnesty law that requires the House of Representatives closed Minister Hoshyar Zebari file in accordance with the provisions of the amnesty law as a topic terminated not for the minister only, but for all of the Parliament will be questioned The charges for the actions of financial and administrative corruption received by Thursday. http://aletejahtv.org/news/125708-%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%8A-%D8%A7%D8%B3%D8%AA%D8%AC%D9%88%D8%A7%D8%A8-%D8%B2%D9%8A%D8%A8%D8%A7%D8%B1%D9%8A-%D8%B3%D9%82%D8%B7-%D8%A8%D8%B9%D8%AF-%D8%A5%D9%82%D8%B1%D8%A7%D8%B1-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D9%81%D9%88-%D8%A7%D9%84%D8%B9%D8%A7%D9%85.html
    1 replies | 76 view(s)
  • harry's Avatar
    Yesterday, 08:22 AM
    House of Representatives vote on the dissatisfaction with the answers to the Minister of Finance 8/28/2016 0:00 It finished reading the modified uniform pension law and order Aloagafin exams BAGHDAD - morning House of Representatives voted in its regular fifteen headed by Salim al-Jubouri, and the presence of 197 deputies, not being content with answers to the Minister of Finance, and finished with the second reading of the draft law amending the Unified Retirement Law, approved the postponement of the Shiite and Sunni Endowments exams. According to the Information Service of the House of Representatives a statement that «in the beginning of the meeting said al - Jubouri , a meeting of the heads of blocs and their representatives and parliamentary committees, on Sunday, to discuss the work of the committees and what happened on the election in which as well as the conduct of consistently during this period and Toukatadth», noting « the existence of three requests from the House of Representatives Kazem Sayadi and Messenger content , and Suad Jabbar on the issue of Shiite and Sunni Endowments exams and got them from the issues you need to treat ». he Jubouri« the formation of a parliamentary committee comprising committees of education and religious affairs under the supervision of the presidency of the Council started its work to meet the executive bodies, especially the Prime Minister to find solutions private postpone Aloagafin exams legal ». the Council voted on the « decision to form a parliamentary committee proceed with its work and move to the executive bodies to support the request to postpone the Shia endowments and dental exams ». adjourned the presidium of parliament« vote on the draft of border crossings into law to ameeting on Monday at the request of committees for the purpose of ripening », while theCouncil voted« in principle to proceed with a project to challenge the law in the interest of law in the judgments and decisions of the land ownership ». the statement continued that al - Jubouri« tasked the committees of culture, media and civil society organizations to submit a report to the Council before going to vote in principle the proposal of the fourth amendment law legislation to the law of the Iraqi journalists Syndicate No. 178 of 1969 average ». the Council voted also on« parliamentary Committee recommendations problem regarding the postponement of the Shiite and Sunni endowments exams included a claim cabinet to postpone the exams for the existence of irregularities and claims of a mass wide especially now that students are engaged in battles against the the terrorist organization in the fronts. » the Council voted b» approved a proposal Jubouri the initiation of the Committee of Representatives conduct their business immediately and make a recommendation to withdraw membership MP who assaults another deputy or the presidency or guests of the Council in the event of a repeat his work and influence in the work of the Council ». on the other hand, the prime legislative power to «the existence of a request submitted by 51 MPs demanding to discuss the answers Hoshyar Zebari, Minister of Finance during his interrogation in the previous session». the Council voted on the «lack of conviction with answers Finance Minister Hoshyar Zebari during his interrogation session». and completed the board, according to the statement, «report and discuss the first draft amendment to the law unified Retirement No. 9 of 2014 ». In another matter,« followed by MP Khalid Mafraji statement denounced the establishment of the organization «Daesh» terrorist execution of more than 25 young men from the sons of Hawija city and its environs on charges of cooperation with the security services and to encourage residents to escape as well as the organization of firing at families fleeing killing 20 people, including women and children », calling on the security forces in various different forms to« speed up the liberalization of the city and considered Hawija disaster zone ». I read Representatives Fatiha in memory of the martyrs of Hawija, Iraq .. then decide to adjourn the meeting until tomorrow Monday. http://www.alsabaah.iq/ArticleShow.aspx?ID=122236
    0 replies | 50 view(s)
  • Bondlady2's Avatar
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  • harry's Avatar
    Yesterday, 08:12 AM
    The government finished the budget discussion 8/28/2016 0:00 Parliament agreed with the commitment Ptoukitat approval BAGHDAD - Alaa al - Tai - Shaima Rashid Parliamentary Finance Committee predicted that up next year's budget in 2017 to the House of Representatives next month, which was also confirmed by the financial advisor to the Prime Minister, the appearance of Mohammed Saleh, declaring «the completion of discussions of the law in the Council of Ministers» and that he will be sent according to the agreed timings to parliament. Completion of «discuss aspects of the budget» accompanied by disclosure of the main objects of expenditure to be financed by the budget over the next year, as it will be «the investment budget in the law 24 percent of the total spending as the aspects of government spending, according to the law, will focus on a number of key sectors over the next year, is the oil and electricity, as well as «water, health and education sectors». He said Saleh «morning»: the «cabinet resolution of the discussions on the federal budget for 2017, which is in the way of assignment to the House of Representatives for discussion and approval in accordance with constitutional timings» adding «that the most important contents of the operating budget is not to prejudice the salaries of employees and retirees and be considered first priority was underlined by the Prime Minister several times as well as maintaining some appointments in the health, education and jobs that belong to the security of Iraq's sovereignty and security sectors ». Financial Adviser pointed out that the call to increase oil production, according to the erms of the budget, means increased need for domestic consumption, and the need for refining, as well as the needs of power stations », pointing out that the production of the domestic petroleum of 200,000 barrels, and that the actual need of 650,000 barrels , which requires offset the shortfall, either through investment or import of oil derivatives ,which in turn will be a burden on the balance of payments ». and Saleh stressed on the need to« turn Iraq energies available both in old fields or new fields «undiscovered and undeveloped« or green fields ». According to the financial advisor, that« the Federal budget Law for 2017 , similar to the givens of the current year budget in 2016 is difficult to predict the changes, where oil prices remain unstable and volatile and it was prepared to adopt a price of $ 35 a barrel, instead of $ 45. » Saleh said that he «considering because the same spending ceiling in both Almoisntin (2016 and 2017) , it means that the deficit will be the « largest »is that the deficit financing resources would be« internal sources »They domestic borrowing , which will be 60 percent of the borrowing in addition to borrowing from« external sources «led by a loan of the international Monetary Fund and the World Bank, the backing and development as well as the postponement of many of the payments due until after the expiration of the agreement with the IMF, ie until after 2019 , including compensation for the Kuwait and Services Paris Club debt being negotiated.» Furthermore, the decision of the parliamentary finance committee, Ahmed al - Haj Rashid, said the 2017 budget will come to parliament , according to Altokiet time declared the beginning of October. Rashid said «morning»: that there are three types of oil prices , which were built according to which the federal budget for next year, the first of the price of aconservatory and the price of my optimism and the price of pessimism, and that what has been written in the budget next year , we can say that he is very realistic price. he pointed to an increase in non - oil revenues in the budget next year, indicating that these kinds of revenue rose, and most ministries were able to increase the financial effect involves , noting that the salaries of staff cost budget up to 50 trillion dinars government is seeking to increase this number yet there is no shortage of salaries. in turn, said a member of the Finance Committee, Hussam punitive, said his committee supports the approximate price of a barrel of oil in the budget next year, which is the nearest price to reality because of the volatility experienced by the oil markets worldwide, calling on the government to pay attention to the subject of expenses and revenues, noting that the 2017 budget may be up to parliament the end of September. he said punitive »Sabah» that revenue according to the price «$ 35 for a barrel of oil» will not exceed 50 trillion dinars in the year. He continued: the government should rationalize the operational and investment expenses so you can control the deficit up to 20 trillion dinars, but if I stayed the need for a higher level of spending than the 100 trillion dinars, the deficit of 35 size rises to 40 trillion dinars, which is bad, and the impact on the Iraqi economy. among the punitive that employees ' salaries is a red line it is possible that the process of cutting 3 percent for the crowd and displaced persons continues, and may also reconsider the tax on the higher grades with a new system increases the state revenue, stressing the need to reducing the three presidencies and its affiliates employees either through a review of their salaries or transfer the excess to other ministries. http://www.alsabaah.iq/ArticleShow.aspx?ID=122224
    0 replies | 68 view(s)
  • harry's Avatar
    Yesterday, 08:01 AM
    Installing the degree of Iraq's credit rating at B / -B 8/28/2016 0:00 BAGHDAD follow Mustafa Al Hashimi confirmed the international credit rating agency Standard & Poor 's , on Saturday, its credit rating for Iraq when (B- / B) with a stable outlook. The experts say that this is very close to the economic reality of Iraq class under the circumstances witnessed by the decline oil and war prices on «Daesh» terrorist. he supported academic economist , Dr. Majid Baidhani the view of the experts commented that this degree of classification longer acceptable and good compared to what Iraq is going through as well as it was the first grade credit rating obtained by Iraq in the economic history since September last year, indicating that this class could be upgraded when the stability of the general situation in Iraq and reach out at grade A or even + A with outlook positive and stable. Reuters reported , citing the company said the outlook stable include expectations that a large budget deficit and the balance of Foreign transactions will be possible to finance, and also contain the conflict with al «Daesh». predicted the S & P that the real GDP growth of Iraq will fall to less than 2 percent levels in 2017-2019 due to the negative effects of the consolidation of fiscal policies local weak demand. the Agency was granted Iraq first grade credit rating in its history , beginning in September of 2015 after completing the procedures for obtaining the classification for being did not have the degree of credit rating because of the wrong wars absurd economic policies waged by the former regime against some neighboring countries. the Standard & Poor 's (S & P) is a service company financial, based in the United States. http://www.alsabaah.iq/ArticleShow.aspx?ID=122189
    1 replies | 92 view(s)
  • harry's Avatar
    Yesterday, 07:52 AM
    good morning to all ds i pray that everyone will have a special blessed day today and enjoy its
    490 replies | 19832 view(s)
  • Bondlady2's Avatar
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  • tudor's Avatar
    08-27-2016, 11:03 AM
    Happy Saturday all!
    490 replies | 19832 view(s)
  • harry's Avatar
    08-27-2016, 08:35 AM
    Kurdistan have indicated their willingness to resolve all problems with Baghdad Erbil - Iraq Press - August 27 / August: The head of the Kurdistan Regional Government, Nechirvan Barzani, the region is ready to solve all problems with Baghdad through dialogue, adding that the military will be a meeting between the two sides in order to coordinate and cooperate better. The presidency said the provincial government said in a statement, that "the president of the Kurdistan Regional Government Nechirvan Barzani senator from Texas American John Comey received," noting that "the two sides discussed the situation of displaced people and the war against terrorism and the process of liberalization of Mosul." He said Barzani during the statement, "ready Kurdistan region to receive the displaced, but the possibilities are limited It is essential that America and the international community is working to help Kurdistan", expressing at the same time expressed his thanks "for the coalition countries, especially the United States to support the Kurdistan since the beginning of the terrorist attack to Daesh it." Barzani stressed "the province is ready to resolve all problems through dialogue with Baghdad," explaining that "a military meeting will be held between the two sides in order to coordinate and cooperate better." "The Peshmerga forces managed to achieve great victories in the area around Mosul, and there are still a number of fronts for the liberation of the city and other areas under the control of terrorists Daesh," pointing to "the need for a clear vision on political, security, social, humanitarian and reconstruction of the city of Mosul the situation." For his part, he praised US Senator John Comey according to the statement to "the role of the Peshmerga Kurdistan in the war against terrorism and the destruction of the myth of Daesh" and expressed his thanks and appreciation "America for the citizens and the government of the Kurdistan region to receive large numbers of displaced people and to protect them and provide them with assistance." Comey said the importance of "cooperation and coordination between Arbil and Baghdad and the international coalition," stressing "reassure the residents of Mosul and the Sunni parties and guarantee the rights of all parties." He predicted "the displacement of large numbers of the population of Mosul to the Kurdistan region," stressing the importance of "helping the international community of the province." It is said that the Peshmerga forces of the central security forces engaged in military operations against Daesh gangs. http://www.iraqpressagency.com/?p=213259
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  • harry's Avatar
    08-27-2016, 08:29 AM
    Talks to resolve the candidates for interior and defense 8/27/2016 0:00 Abadi Coming soon his own ministries vacant BAGHDAD - Alaa al - Taie government dispelled yesterday citizens ' concerns with emotion the fight against terrorism to withdraw confidence from Defense Minister Khaled al - Obeidi, confirm the keenness of Dr. Haider al - Abadi Prime Minister on the continuation of military operations in a winning streak. However, a spokesman revealed Prime Minister Saad al - Hadithi Office »Sabah» dialogues will be held in the coming days to resolve the candidates for the vacant ministries (Interior, Industry, trade) augmented by the defense, to agree on names to be presented to parliament ». the parliament voted yesterday (Thursday) on withdraw confidence from the defense Minister Khaled al - Obeidi, the approval of 142 deputies and intercept 102 out of 262 deputies, while recorded a 18 - sheet void as explained Deputy Speaker of parliament Aram , Sheikh Mohammed said « an absolute majority in the event of withdrawal of confidence from the minister means a majority of those present at the session after quorum is achieved legal her. » said Sabri: the« prime minister will be keen on the process of filling the vacuum in the defense Ministry, will present his vision in this regard in front of the parliament during the next term to resolve the file in soon ». and on the process of withdrawal of confidence from al - Obeidi, noted that« the Constitution gave the powers of the legislative authority to withdraw confidence from any member of the government, and gave him confidence, describing the process of withdrawal of confidence from al - Obeidi as »step represents a parliamentary affair». http://www.alsabaah.iq/ArticleShow.aspx?ID=122165
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  • harry's Avatar
    08-27-2016, 08:19 AM
    General amnesty is implemented from the date of approval 8/27/2016 0:00 He faced a mixed reaction popularly and politically Baghdad morning is scheduled to be a general amnesty law has entered into force after the House of Representatives to include a clause stipulating implemented from the date of Agherarh.ouhsm Parliament yesterday (Thursday) , the vote on the amnesty law, as passed by a majority of the audience . according to a special parliamentary source »Sabah», the «item implementation has been a bone of contention ahead of the meeting, as MPs demanded that the execution begins after its publication in the official newspaper of the previous such as laws, but the cuff tilted in favor of those who call to the initiation of the date of approval» he pointed source added that « the law will come into effect starting from this week, considering that on Friday and Saturday an official holiday , unusual, unless the Federal Court opinion last» .otdmn law, which faces a mixed reaction in the social and political two mediums, a general amnesty for all Iraqis sentenced to death or to a penalty or negative measures of freedom provided a waiver complainant or with the victim, excluding from that amnesty both of the crimes stipulated in the Iraqi High Criminal Court Law No. 10 of 2005 ( as amended) does not apply to the provisions of Article 10 of the this law, also excluded the13 crime in the forefront of terrorist acts. http://www.alsabaah.iq/ArticleShow.aspx?ID=122163
    0 replies | 57 view(s)
  • harry's Avatar
    08-27-2016, 07:40 AM
    good morning to all ds i pray that everyone will have a blessed weekend and enjoy its
    490 replies | 19832 view(s)
  • Jade's Avatar
    08-26-2016, 09:19 PM
    Hip Hip Hooray, Tudor!! May the movement proceed in our direction. Greetings and great weekend to Everyone!!!!!!
    490 replies | 19832 view(s)
  • tudor's Avatar
    08-26-2016, 12:45 PM
    Good Friday morning ksd, guardian, harry, Roadrunner, Bondlady2, b1955, Jade, cleopatra and all of DS. Iraq has finally passed the Amnesty Law!! Whoopeee!. Now they need to get the Accountability and Justice Law passed, maybe next week? Anyway....they are getting closer to giving us an RV, and I am so ready lol. Have a great weekend all!
    490 replies | 19832 view(s)
  • harry's Avatar
    08-26-2016, 08:32 AM
    Zaidi reveals a tendency to withdraw confidence from Zebari and put Abadi list of respondents 26/08/2016 12:00 MP for the coalition of state law, full-Zaidi, on Friday, all the parliamentary blocs headed toward a vote of no conviction with answers Finance Minister Hoshyar Zebari, and then pull him confidence hearings next week. He said Zaidi's / balances News /, that "it endlessly at the sacking of Defense Minister Khaled al-Obeidi, but that most of the deputies and blocs in the parliament is satisfied with answers Finance Minister Hoshyar Zebari, and there is a tendency to vote on the withdrawal of confidence from him during the hearings next week ."He added, "The next stage will be a bus interrogations and Prime Minister Haider al-Abadi may be in the list of respondents could also be heading for the withdrawal of confidence in him after Zebari," he said. "It will also include Parliament Speaker Salim al-Jubouri."It is said that the House of Representatives voted yesterday to withdraw confidence from the Defense Minister Khaled al-Obeidi.The House of Representatives may interrogate the finance minister, Hoshyar Zebari, in its meeting yesterday Alkhamis. http://www.mawazin.net/%D8%A7%D9%84%D8%B2%D9%8A%D8%AF%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%B9%D9%86-%D8%AA%D9%88%D8%AC%D9%87-%D9%84%D8%B3%D8%AD%D8%A8-%D8%A7%D9%84%D8%AB%D9%82%D8%A9-%D9%85%D9%86-%D8%B2%D9%8A%D8%A8%D8%A7%D8%B1%D9%8A-%D9%88%D9%88%D8%B6%D8%B9-%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D8%A8%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AC%D9%88%D8%A8%D9%8A%D9%86/%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9
    0 replies | 75 view(s)
  • harry's Avatar
    08-26-2016, 08:28 AM
    Front reform: "The dollar" is present in the parliament and we will remove corruption and quotas symbols 26/08/2016 13:11 pm MP for the Reform Front, Mohammed Chihod, on Friday, that the national will was stronger than the "dollar" and the pressures of embassies issue of withdrawal of confidence from Defense Minister Khaled al-Obeidi, indicating that the front bygone program to uproot corruption from the heads of government. He Chihod L / balance News /, that "the withdrawal of confidence from al-Obeidi was the first stage in the process of accounting and the sacking of spoilers and front Reform bygone program in the interrogation and the uprooting of corruption capital", noting that "the stage was very difficult and that the next stage in the accounting and interrogation will be much easier. ""The role of foreign embassies pressure and the" dollar "was evident in an attempt not to proceed to withdraw confidence from al-Obeidi, but the national will was stronger." He revealed "not convinced Parliament with answers Finance Minister Hoshyar Zebari during questioning in Parliament yesterday and will go on his dismissal as well," he said, adding that "we are continuing the process of interrogation and to hold accountable the corrupt and uprooted from the government. "He called Chihod House of Representatives to "sober level of responsibility in voting against the corrupt," stressing that "the removal of quotas symbols of the process will not stop. "It is said that the parliament voted to withdraw confidence from the Defense Minister Khaled al-Obeidi and questioned Finance Minister Hoshyar Zebari session yesterday. It is worth mentioning that some of the deputies that parliament speaker Salim al-refereed occur dubious political deals for the dismissal of Defense Minister Khaled Alobeida. http://www.mawazin.net/%D8%AC%D8%A8%D9%87%D8%A9-%D8%A7%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AD%D8%A7%D8%B6%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%88%D8%B3%D9%86%D9%85%D8%B6%D9%8A-%D8%A8%D8%A5%D8%B2%D8%A7%D9%84%D8%A9-%D8%B1%D9%85%D9%88%D8%B2-%D8%A7%D9%84%D9%81%D8%B3%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D8%B5%D8%B5%D8%A9/%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9
    0 replies | 78 view(s)
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