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Med
12-18-2009, 07:40 AM
http://dsbb.imf.org/vgn/images/gdds.gifAS PROVIDED BY IRAQ AS A PARTICIPANT IN THE GDDS


http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorydiapreport/?strcode=IRQ&strcat=454

CREDIT GOES TO LAZEROO





Iraq
Table C. Data Integrity and Access by the Public


Central Bank of Iraq
CONTACT PERSON(S):
Dr. Mudher Kasim
Director General
Research and Statistics Department
Central Bank of Iraq
Baghdad, Iraq
Telephone: (964) (816) 5171-5
Fax: (964) (816) 5171-5
Email: amudherkasim@yahoo.co.uk (%20amudherkasim@yahoo.co.uk)
Ms. Jinan Al Beiruti
Senior Manager - Manager of Internal Statistics Division
Internal Statistics Division
Statistics and Research Department
Central Bank of Iraq
Baghdad-Rasheed Street
Baghdad, Iraq 64
Telephone: (964) (816) 5171-5
Email: jinan.albeiruti@cbiraq.org (%20jinan.albeiruti@cbiraq.org)
Date Metadata Updated: September 2009
Date Metadata Certified: September 2009
Printer Friendly Page (http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorydiapreport?strcode=IRQ&strcat=454&printval=1%22)I. Data Produced and Disseminated a. Comprehensive Frameworks

The agency is responsible for production and dissemination of comprehensive frameworks in the following areas:

1. National Accounts 3. Depository Corporations Survey
2. Central Government Operations 4. Balance of Payments
b. Data Categories

The agency is responsible for production and dissemination of the following data categories:

Real Sector
Financial Sector

National accounts aggregates Broad money and credit aggregates
Production index/indices Central bank aggregates
Price indices Interest rates
Labor market indicators Stock market
Fiscal Sector
External Sector

Central government aggregates Balance of payments aggregates
Central government debt External debt and debt service


International reserves
Socio-Demographic Data
Merchandise trade
Population Exchange Rates
Health


Education


PovertyII. Data Integritya. Terms and Conditions Under which Data are Produced and Disseminated
0.1.1 Responsibility for collecting, processing, and disseminating statistics
The Central bank of Iraq has been established under Law no 72 in 1956 . This law was amended by law no. 64 in 1976 and Law no 56, 2004. The CBI is responsible for collecting and disseminating monetary and financial data. The CBI has a well established practice for collecting, processing, and compiling the financial statistics and mainly the monetary statistics by the Internal Statistics Division (ISD) and the BOP statistics by the Balance of Payments Statistics Division (BOPSD), within the Statistics and Research Department (SARD).
For Monetary aggregates data are compiled on a monthly basis and published in the CBIís Annual Bulletin and on the CBIís website on a monthly basis with a delay of 2 months. Key Financial indicators are published on the website weekly for some indicators and exchange rates on a daily basis. BOP, data are compiled on a monthly basis and disseminated on a yearly basis and available through the CBIís Annual Bulletin, and through the CBI website
0.1.2 Data sharing and coordination among data-producing agencies
Coordination between the agencies responsible for producing data is well-established and highly adequate, especially in producing the monetary statistics and the BOP statistics.
0.1.3 Confidentiality of individual reporterís data
The CBI and Banking laws require that complete confidentiality of individual responses is ensured.
Individual reportersí data are kept confidential and statistics are disseminated on an aggregate level.
0.1.4 Ensuring statistical reporting
All data are collected, compiled and disseminated under the authority of the CBI Law and the Banking Law.
1.1.1 Impartiality of statistics
Statistics are produced on impartial basis.
1.1.2 Selection of sources, methodology, and modes of dissemination
The decisions of choosing sources, statistical techniques and dissemination are taken according to statistical consideration.
1.1.3 Commenting on erroneous interpretation and misuse of statistics
The CBI is entitled to comment on any misuse or mistaken interpretation of the statistics.
1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination
The terms and conditions are explained in the CBI Annual Bulletin, as well as in the website: www.cbir.iq (http://www.cbir.iq/).
1.3.1 Guidelines for staff behavior
There are internal guidelines and rules that control the behavior of employees and every employee is well aware of these guidelines and rules.
b. Identification of internal Government Access to Data Before Release

1.2.2 Internal governmental access to statistics prior to release
There is no pre-release of data to other government agencies.
c. Identification of Ministerial Commentary on the Occasion of Statistical Releases

1.2.3 Attribution of statistical products
There is no commentary accompanying the release of data.
All the publications of the CBI state clearly that the CBI is the producer of these publications.
d. Provision of Information about Revisions and Advance Notice of Major Changes in Methodology

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques
No advance notice of major changes in methodology is done. However, the tables are annotated in order to point to any data revision or changes.
3.5.1 Revision studies and analyses
Studies and analyses of revisions are carried when necessary.
4.3.1 Revision schedule
For monetary statistics, revisions are not based on a regular schedule but are carried out on an ad-hoc basis.
For balance of payments data, no regular schedule for revisions is in place.
4.3.2 Identification of preliminary and/or revised data.
Preliminary and/or revised data are clearly identified for users.
For balance of payments, modifications are generally done to data series by introducing the appropriate footnotes to the published tables. The revised data are disseminated at the same level of details as previous published data.

III. Access to Data by the Publica. Simultaneous Release to the Public
5.1.4 Simultaneous release
All the statistics published by CBI are released simultaneously to all users.

Med
12-18-2009, 07:40 AM
b. Advance Release Calendars


5.1.3 Advance release calendar
There is no precise release calendar to public.
5.3.2 Availability of documents and services catalogs
List of publications is available on the website. Publications are free of charges.

IV. Plans for ImprovementRecent Improvements

DQAF Codes (http://dsbb.imf.org/vgn/images/pdfs/dqrs_Genframework.pdf)

Recent Improvements

2.1.1.

The CBI balance sheet has been revised to be in line with international standards and IMF recommendations starting December 2004. Banks were required also to follow up the same procedure.

The exchange rate is no more fixed but determined by the market.
Short Term

DQAF Codes (http://dsbb.imf.org/vgn/images/pdfs/dqrs_Genframework.pdf)

Plans

0.1.1.

Update the CBI law.

1.1.1.

Developing the managerial structure and job description.

2.1.1.

Fully implementing the guidelines of the Monetary and Financial Statistics Manual 2000. In this regard, there is a need to benefit from other countries experiences.

Medium Term

DQAF Codes (http://dsbb.imf.org/vgn/images/pdfs/dqrs_Genframework.pdf)

Plans

4.1.1.

Publish the BOP on a quarterly basis. (Hard Copy & electronic form).

0.2.1.

There is a need to benefit from other countries experiences in compiling both monetary and BOP statistics.

Technical Assistance/Financing Needs/Other Prerequisites




Short Term
Technical assistance is needed to implement all improvements required in the financial system and to provide trainings for the employees. Exchange of experience and study visits with other Central Banks are needed.Medium Term
Technical assistance is needed to implement all improvements required in the financial system and to provide trainings for the employees. Exchange of experience and study visits with other Central Banks are needed.

Attaboy
12-18-2009, 07:45 AM
Time to populate the page with information. This data page is listed as NEW on the IMF web site. Closer and closer...

guardian
12-18-2009, 08:23 AM
Now we just need their currency tradeable internationally to seal it.

snaplink
12-18-2009, 10:07 AM
Here is the funny thing about this...

The page on the IMF site has the OLD Iraqi flag! lol!

You will notice it is the old flag with the 3 stars on it.

Just like the Old Iraqi Flag that was on the document about the Iraqi Summit that was busted!

Too funny.:p

Link: http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorydiapreport/?strcode=IRQ&strcat=454

guardian
12-18-2009, 05:12 PM
Here is the funny thing about this...

The page on the IMF site has the OLD Iraqi flag! lol!

You will notice it is the old flag with the 3 stars on it.

Just like the Old Iraqi Flag that was on the document about the Iraqi Summit that was busted!

Too funny.:p

Link: http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorydiapreport/?strcode=IRQ&strcat=454


oookay, then the other one might be true? ;)

sfcdiaz
12-18-2009, 05:44 PM
Thank you Medic Now what we need is that the Iraqui Dinar go and be reconiced intenatinal

snaplink
12-18-2009, 08:12 PM
oookay, then the other one might be true? ;)

I know crazy huh?

It is no suprise this was missed by the IMF.

So no biggie but yes it does make you think. lol!

Tominvegas
12-28-2009, 04:38 AM
IV. Plans for ImprovementRecent Improvements


DQAF Codes (http://dsbb.imf.org/vgn/images/pdfs/dqrs_Genframework.pdf)
Recent Improvements
2.1.1.
The CBI balance sheet has been revised to be in line with international standards and IMF recommendations starting December 2004. Banks were required also to follow up the same procedure.
The exchange rate is no more fixed but determined by the market.



(I wish!)