Dollar central way to finance the budget

6/29/2015 0:00

70 percent of sales go to cover foreign imports
BAGHDAD Shokran Fatlawi
hold the progress of the development policies of the Institute expanded seminar attended by Governor of the Central Bank d. On the Keywords and a large number of academics, economists and officials of institutions and businessmen to discuss the reasons behind the crisis, the Iraqi dinar and low value against the rising dollar and its impact on the Iraqi economy.

initiated the seminar which was attended by the “morning” with the opening of the institute’s president d. Mehdi al-Hafez price which the central bank’s position by taking quick measures that limited the aggravation of the crisisand the return of the dinar to its previous status

as well as the central initiative doing development project with the support of $ trillion dinars in the form of loans to small and medium-sized projects and their implications for national development process.

Hafiz promised central position reduction Foreign interventions in policy, whether governmental or parliamentary first step and wished to continue its initiatives to stop the interventions, especially those related to trying to time limit to sell the dollar by 75 million dollars a day as well as intervention by imposing taxes and customs duties by 8 percent mode.

then Governor of the Central Bank occur d . On the Keywords for means of monetary policy, particularly the dollar selling process, which is essential for the central and the rest of the banks being it is not a business process ends buying and selling

but base related to monetary policy and therefore economic policy and to achieve stability in the prices returned that objective of the central President.

He added that the sale of the dollar contributes funding the commercial sector central to the fact that is a monopolist of dollars so he is on coverage of foreign imports as the data indicate that 70 percent of the central sales go to cover foreign imports

coincided coverage for personal remittances and thus achieved another goal of the sales process, which scaled the money supply and not to resort to currency printing which leads to inflation.

He noted that the process was able to curb liquidity in the market by selling the dollar and the withdrawal of the dinar and re-used as needed and requests the Ministry of Finance without having to print more currency.

promised perception simplify this window and counted marginal in the central work of the conclusion that the Aasb in achieving the goals which had been prepared for it, pointing out that the sales process resulting in the financing of the state budget the fact that oil imports received by the country in dollars

through the Ministry of Finance are recent converts to the dinar through thecentral bank, which buys dollars to enable it to cover its expenses in dinars.

He said that the problem of the Ministry of Finance is not a shortage of the dollar but rather the lack thereof in the Iraqi dinar as a result of the paucity of local revenues for that resort to convert dollars to dinars and thus a source of dinars Central needs so tempted to sell the dollar.

He concluded Keywords his reference to the need to control the reform because it is the basis of economic reform and performance assessment, pointing out the importance to have a central active role in the development in accordance with the Constitution

and called for the importance of concerted efforts the central fact alone will not be able to solve the financial, tax and movement of goods problems between home and abroad as a holistic nature to the national economy.

At the end of the seminar praised d. Mehdi al-Hafez clear and frank dialogue to the fact that the Governor of the Central Bank of the country in dire need of such Almkashifat in order to identify the problems and access to a private at this critical juncture for the country and out of the crisis resolved.


A delegation from the US Senate: Baghdad on payment of the Kurdistan region

10:15: 06/28/2015

Khandan – President of the Kurdistan Regional Government Nechirvan Barzani met in Erbil, Tim Kaine chief of the armed forces in the US Senate and his accompanying delegation which included the Armed Forces and the Foreign Relations in the US Senate members. During the meeting, expressed Caen expressed his happiness to visit the Kurdistan region and that comes in order to look closely at the situation in the Kurdistan region and praised the efforts of the Government and the people of the Kurdistan region and the Peshmerga forces who as well as addressing the terrorists Daash had received a very large number of refugees and displaced people and provided them with the necessary services, according to a statement of the Kurdistan Regional Government. He also visiting delegation deep concern about the the progress made ​​by Arhabiyao Daash and the lack of a plan to eliminate them, also stressed that during his meetings with Iraqi Prime Minister Haider Abadi, Iraqi officials and others, will call for more Sunni participation in order to be better able to deal with terrorism. At the same time, the delegation expressed understanding for the concerns of the Kurdistan region to Baghdad, stressing the need for the Baghdad to pay the dues of the Kurdistan region in accordance with the Agreement and the laws, and work to alleviate the heavy burden on the shoulders of the Kurdistan region. For his part, President of the Kurdistan Regional Government, expressed his thanks and appreciation for the visit of the Senate Delegation American and highly appreciated the assistance and aid by the people and the Government of the United States of military and humanitarian point of view, and which have had a significant impact on the retreat and withdrawal of terrorists Daash, expressing his uncle hoped to continue to provide assistance, especially in military terms. He asked Nechirvan Barzani of the guests played a role in addressing problems between Erbil and Baghdad, is committed to the implementation of its duties, noting the continued arrival of refugees and displaced persons to the Kurdistan region, he called on the international community to make serious efforts to help the United Nations organizations to provide assistance and aid to these refugees and displaced persons. exchange views and opinions on bilateral relations between the Kurdistan region and the United States and provides the daily life of the citizens of the Kurdistan region and that the obstacles that have arisen in the Kurdistan region during this phase, was another aspect of this meeting.

Najafi: Implementation of the National Guard and the General Amnesty Law accountability and national reconciliation push forward

النجيفي وقيماقجي

Najafi and Qimagja

Roudao – Erbil 
Vice President Osama Najafi announced on Sunday, that laws such as the National Guard and amnesty and the law of accountability and justice are within the terms of the political agreement, mused that issue, to ensure the proper implementation of the paragraphs of the agreement At that interest confirmed to citizens pay the national reconciliation process forward. 
In a statement to his press office and received Roudao network media a copy of “Najafi received today Ambassador of the Republic of Turkey in Iraq Farouk Qimagja”. 
The statement added that “Turkish Ambassador to display the results of the election and scenarios for the formation of the new government”, where Najafi wished “success for Turkey to go beyond this stage, and is forming a new government to serve the historical close ties linking the two friendly countries neighboring Iraq and Turkey.” 
The statement noted that “the responsibility of development depends on the interest of our two peoples and the two parties that are well-developed close relationships.” 
The statement also said that he “was in the meeting, they discussed the political and security situation, where Najafi stressed the importance of cooperation and support Iraqi efforts in the fight against Daash and the elimination of terrorism.” 
In response to the ambassador about the laws before the House of Representatives, Najafi said, “that laws such as the National Guard and amnesty and the law of accountability and justice are within the terms of the political agreement, and hopes to issue a way as to ensure the proper implementation of the paragraphs of the agreement At that interest confirmed to citizens pay the national reconciliation process Onwards “.

Education directed universities announce circulars on their websites within 48 hours of their issuance

BAGHDAD – Iraq Press – June 28: directed the Ministry of Higher Education and Scientific Research, the Iraqi affiliate universities and scientific institutions, the announcement of the scientific and administrative circulars, on their websites within 48 hours of the date of issuance.

The official spokesman for the Ministry of Dr. Kazem Al-Omran, said that “the ministry directed all Iraqi universities, the announcement of the scientific and administrative circulars, on their websites within 48 hours of the date of issue.”

And between urbanism, “This move came in order to associate and students informed decisions, instructions and controls they need and help them, as well as the realization of the principle of justice and all that enhances the transparency and clarity in the institutional work to serve the Equality for all Iraqis.” Ended O.h

His office: Abadi visit China soon to discuss the war on terror


Prime Minister’s Office said Haider al-Abadi, Sunday, that the latter will visit China soon to discuss bilateral relations and the war on terrorism. 

Spokesman Office Saad al-Hadithi told / information /, that “it is scheduled to Prime Minister Haider al-Abadi pay an official visit to the People’s Republic of China during the coming period, to meet with senior officials there, and discussed aspects of cooperation in various fields.” 

The newborn, that “the most important files to be examined by the Prime Minister Haider al-Abadi during his visit to China, bilateral relations and development, and the developments of the war on terrorist groups.” 

It is noteworthy that the prime minister Haider al-Abadi held a series of visits to various countries around the world since Tzmna office in September last year, the last official visit to Iran.

Abadi directed security forces not to disclosure of military information


Information / Baghdad / .. 

The face of the Commander in Chief of the Armed Forces Prime Minister Haider al-Abadi, Sunday, security and military authorities not to give any information outside the framework of the “war media cell”, stressing that the data and statements issued by the cell, constitutes the official source of information, news and Stoleha joint command of military operations special attention. 

Ebadi said in his first weekly speech, reported by the media of his office, and pursued Agency / information /, “We are now able, as we were, on the one at hand our fate is hard, and achieve our humanitarian good and honest and sincere, the change or the expression of its values ​​and its importance.” 

He added that “it coincides with the steering cell media war shall keep you informed on the security and military situation in the fronts showdown honest waged by our armed forces courage of the army and police and to mobilize popular and the sons of tribes and other security forces and to stand in the face of black rumors that you want to return us back.” 

The Abadi, that “the statements and declarations issued by the military media cell, constitutes the official source of information, news and Stoleha joint command of military operations special attention in supplying them accurately as should be conveyed to the people,” pointing out that “should the security and military bodies individuals and entities obligation not to give any information regarding the security and the military side outside the framework of this cell, except by the media office of the relevant bodies. ” 

He said al-Abadi, “Fighters has made heroes big wins during the past few days and now, both in the field of confrontation on land or in fight them from the air by the air forces victorious, and the support of the international coalition forces and sister nations,” noting that “the intelligence effort has had a clear role, especially with the support those who care about our children in different areas, was arrested from her work on a significant number of terrorists and their slaves, led by the criminal Abdel Baqi al-Saadoun “.anthy / 25 u

Zain Iraq raises 25% of its shares in the stock market

JUNE 28 2015

Zain Iraq raises 25% of its shares in the stock market

Citizen – Baghdad
Company “Zain Iraq” Telecom announced the launch of 25% of its shares in the Iraq Stock Exchange, noting that the entry to the market will contribute significantly to the total amount of the financial market, which will exceed the total amount of the financial market ten billion dollars. Zain said Iraq in a press release: ” The Board of Directors of Zain Group officially announced to put up for sale ratio of 25% of the shares of the ring owned by Zain Group to implement the terms of the IPO ring company in the Iraq Stock Exchange and in line with the conditions that have been disclosed in the operating license granted to the company in Iraq by the media and communications , noting that the company is on its way to the completion of all necessary regulatory measures to ensure the inclusion of 2015 “.
The company added that the launch of its shares for trading on the Iraqi Stock Exchange and billions of dollars will contribute significantly to the total amount of the financial market and thus the total amount of the financial market ten billion dollars will exceed for the first time in the history of Iraq, stressing that the entry into the market will stimulate to attract foreign and foreign investments to the market where the ring will join the company to 95 other Iraqi company traded on the market now. ”
The head of the Board of Directors of the ring Muhammad Jerjfja that “the company process our catalog on Iraq was close to completion with the Zain Iraq to work actively offering its shares to the Iraqis and all investors, noting that it will offer investors the opportunity to participate in one the success of the most prominent companies.”
For his part, Managing Director of the company seal and Vice President of the Board of Directors of Zain Group Badr Al-Kharafi said “the possibility of significant growth still exist in the Iraqi telecom market, despite the challenges posed by the security situation in the country with the launch of third-generation 3.9 services that G in Iraq at the beginning of this year and with the investments continuing in infrastructure. ” Zain Group has announced the establishment of the ring as a private joint stock company subsidiary of Telecom Limited was raised in July 2013 in preparation for the insertion process in Iraq Stock Exchange. Upon completion of the ring company included in the Iraq Stock Exchange parent company Zain may be completed license granted to the company’s obligations. 

America is planning to build a military base in Anbar to control the conduct of the war

Date: 06/28/2015 18:20 

Information / Baghdad / .. 

An official source in the office of al-Anbar province, Sunday, for America’s quest to build a military base in Anbar province, to be the owner of the first resolution in the security campaign to cleanse the gray. 

The source told the correspondent of the agency / information / that “America is trying to build Omrakh military base in Anbar, and it plans to find a safe place within the borders of Anbar province,” noting that “America is seeking from behind the piece to fully control the conduct of the war in Anbar.” 

The source, who preferred not to be named, said: “America is also trying to be the decision maker in the upcoming security campaign to cleanse the city of Ramadi from Daash criminal gangs.” 

It was the beginning of a local source revealed earlier, the pursuit for the United States to establish military bases in Anbar province with the help of politicians from the province, pointing out that America is trying to thwart all the solutions that arise from various quarters for the Liberation of the province. Ended / 12 a

Dr. Salim al-Jubouri

  Dr. Salim al-Jubouri

1 hr ·

House Speaker confirms the importance of respecting the powers of the presidency and constitutional contexts on judicial rulings

House Speaker Dr. Salim al-Jubouri, received in his office, on Sunday, Mr. Francesco Motta representative of the High Commissioner for Human Rights at the United Nations.

During the meeting, a detailed review of the nature of the role played by the international organization and the reality of human rights in Iraq, especially in light of the circumstances and challenges, in addition to the ongoing preparations to hold the criminal justice conference scheduled during the next month.

The meeting also dealt with the subject of the implementation of death sentences issued by the Iraqi judiciary and international concern raised around, where Mr. Speaker stressed the need to respect the powers of the presidency and to follow the constitutional contexts with regard to those provisions.

See Translation

Dr. Salim al-Jubouri ‘s photo.