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10/11/2015 0:00
BAGHDAD – Imad Emirate
confirmed an academic economist and an expert on the process of deleting the zeros are not economic impacts him in the cash value of the currency but is a procedure for re-grading and changed. Said Dr. Abdul-Hussein Jalil Ghalibi from the Faculty of Management and Economics at the University of Kufa, that the spillover which can feel about in the long run it will encourage the investors’ capital flow towards the inside of the expectation of low inflation, returned this thing that depends on the government’s ability in establishing the ultimate effect of the deletion of zeros. He noted that changing the currency and delete the zeros of which is just a re-calibration or calibrator does not mean never lifted value The addition of zeros is not a reduction of the value of the currency, and that changing the currency does not exist has a real economic impact because the change will not increase the gross domestic product, which is the standard which is used to measure the production of goods and services in the country. He said Ghalibi: The change of the currency does not affect productivity because factors governed by major resources, technology and institutions are not affected by the currency change, explaining that this change does not affect the purchasing power of money because the strength of the currency comes from increased demand in exchange for the money supply. As long as the purchasing power, the demand for the currency does not change does not change, as well as the money supply does not change. He Ghalibi that the deletion of zeros does not entitle monetary institutions and the Central Bank as the authority responsible for the release to print more money and pumped into the economy, but he restricted including existing cash in the replacement process. He went on saying: either the external sector, the position will not also be affected, because the price of exports will continue to be the same without changing the payments spent on imports are not affected because foreign exchange is disbursement of foreign exchange for the local currency, which remains unchanged because the purchasing power of the currency does not change. It was concluded d. Ghalibi that the direct economic impact on the micro and macro economy would be zero, as the demand and supply of goods and services does not change, as well as the investment of net government spending and balance of payments and consumption will not infect any change. He either money markets are no other economic effect can be felt on the variables. The prices of assets remains selected in the first and secondary markets but it goes down to reflect the new structure after deletion of zeros. He concluded d. Ghalibi to the nominal value of the money used to acquire assets will be adjusted in the light of this, and that the ultimate effect would be zero making and trading and commercial value, indicators and other market market capitalization subject to the same mechanism by deleting the same zeros. He reiterated that the effect is direct and which can palpation over the long term will encourage the flow of capital towards the inside and that foreign investors will put more confidence in the investment climate, which will improve with time in the country. The rush to put their money in the local financial markets awaiting returns largest departing from the basic assumption centered on low inflation and improved macroeconomic policies, and this also depends on the possibilities of the government in establishing the ultimate effect in the long run. |
Day: November 9, 2015
House of Representatives will vote tomorrow on freedom of expression, demonstration and read the budget law in 2016
History of edits:: 2015/11/9 23:36 â ?? ¢ 80 visits readable
[Baghdad-where]
It includes the agenda, according to a statement of the Council “vote on the draft freedom of expression and assembly and peaceful protest law, and vote on the draft Martyrs Foundation Law, and vote on the draft identity Seas Act.”
It also includes the agenda, “the first reading of the draft general budget of the Federal Republic of Iraq for the financial year law 2016, and the first reading of the proposed cancellation of the Revolutionary Command Council Resolution Act [dissolved] number [256] of the year 1999 “.
It will be the” first reading of the proposed abolition of the dissolved Revolutionary Command Council Resolution No. 15 of the 1998 Act, the first reading of the proposed abolition of the dissolved Revolutionary Command Council Resolution Act 32 of 2000, and the second reading of the draft ratification of the Arab Convention for the organization of passenger transport on the roads between the Arab states and law Gerha.hsp statement Cil.anthy
United Arab Emirates: the coming days will witness an important transitions to support Iraq
History of edits:: 2015/11/9 22:55 • 98 visits readable
{Baghdad: Euphrates News} met with Defense Minister Khaled al-Obeidi tired Mohammed bin Zayed Al Nahyan, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates Crown Prince of Abu Dhabi said last his country’s intention to provide assistance to Iraq in the military and humanitarian fields, noting that “the coming days will witness the transitions quality important to strengthen relations between the two tracks. “
According to a statement of the Ministry of Defense agency {Euphrates News} received a copy of it on that “al-Obeidi met on the sidelines of his visit to the city of Dubai in the United Arab Emirates to attend the International Air Show on Sunday, Sheikh Mohammed bin Zayed Al Nahyan, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates Crown Prince of Abu Dhabi During the meeting, a detailed review of the nature and course of relations between the two brotherly countries and ways to improve them and activate different tracks in accordance with the interests of the fraternal relations between them.
“The Minister of Defense, the statement said Iraq’s desire Avenue Permanent and looked forward to his brothers in the Gulf organization, led by the United Arab Emirates sister for support and support him in particular and that he engaged in a fierce war against the forces of terrorism, stressing that the support of Iraq but it is with data strategy to defend the Persian Gulf security.
He stressed the need to provide attribution to the institution of the Iraqi army as the country’s protector and defender of the prestige of the state and the dignity of Iraq, backed by the living world powers that blew to support the army and the country in light of serious conditions such as those experienced by Iraq.
He called on Defense Minister brothers in the United Arab Emirates to support and relief to the displaced and displaced Iraqis and regarded as a critical priority, stressing the same time the need to enter the siblings to the reconstruction of the liberated areas the field of abomination Daash and contribute to the Nations Fund United {UNDP} and allocated funds for the relief of displaced people and the displaced.
The Minister of Defense briefed about the nature of the battles that the Iraqis fought to liberate their cities of abomination Aldoaash pointing out that the joint Iraqi forces now engaged in decisive battles and achieved victories in it.
The statement said that “Al Nahyan said of his desire Emirates developed relations with Iraq and open horizons to cooperate with him and that the UAE would seek to provide the assistance required to the brothers in Iraq and support in military and humanitarian fields, and that the coming days will witness the quality of transitions important to strengthen relations between the two paths Alhqiqin.anthy
“The Minister of Defense, the statement said Iraq’s desire Avenue Permanent and looked forward to his brothers in the Gulf organization, led by the United Arab Emirates sister for support and support him in particular and that he engaged in a fierce war against the forces of terrorism, stressing that the support of Iraq but it is with data strategy to defend the Persian Gulf security.
He stressed the need to provide attribution to the institution of the Iraqi army as the country’s protector and defender of the prestige of the state and the dignity of Iraq, backed by the living world powers that blew to support the army and the country in light of serious conditions such as those experienced by Iraq.
He called on Defense Minister brothers in the United Arab Emirates to support and relief to the displaced and displaced Iraqis and regarded as a critical priority, stressing the same time the need to enter the siblings to the reconstruction of the liberated areas the field of abomination Daash and contribute to the Nations Fund United {UNDP} and allocated funds for the relief of displaced people and the displaced.
The Minister of Defense briefed about the nature of the battles that the Iraqis fought to liberate their cities of abomination Aldoaash pointing out that the joint Iraqi forces now engaged in decisive battles and achieved victories in it.
The statement said that “Al Nahyan said of his desire Emirates developed relations with Iraq and open horizons to cooperate with him and that the UAE would seek to provide the assistance required to the brothers in Iraq and support in military and humanitarian fields, and that the coming days will witness the quality of transitions important to strengthen relations between the two paths Alhqiqin.anthy
http://alforatnews.com/modules/news/article.php?storyid=99860
Is Abadi Parliament will or will deliver the arrest of al-Maliki!?
Monday, November 09 .2015
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The conscious mind is capable of respecting the ideas of others even if it did not believe its source or came out burnt have thought different from his approach or released from the orbit of a second, and ideas whatever their origin, they arise from reason and purpose, if the goal which would adopt the decision-maker in line with why he his choice, the end justifies the means and be here means purpose of a course correction or improve it because it will lead to the launch of the hand to make the change or repairs and thus strengthen the position of the decision-maker, and Iraq is urgently needed now to the work of reform is not only political, but on all levels because corruption Msthari and pervasive in all aspects of and state institutions and threaten its existence and more serious is the survival of the corrupt in power and that the different positions, but they are still engaged in corruption without the expense. It was a command in the Book of God come in three ways: 1_omr intended obligatory .. 2_ is intended to Undesirableness 3_ is intended to permissibility after the ban – (Imam Shafi’i), and what was Abadi position is weak and lacks for the award of a parliamentary Therefore, it can not follow the example of a way Lord’s orders, but ordering the intended Undesirableness, if any Abadi has lost his supporters in parliament because of corruption and the desire of the majority of them the return of the Persian Alaham dependency .. Visttia Abadi decisions that prevents Parliament to dust if they do not, it is volatile in the air Sidas pedicure! Mr. Abadi. However permission decisions that affect and tickle sensations people first to gain their trust and support .. and it gets so the Bmsttall and constitutionally overcome his opponents by waving to dissolve parliament, and more importantly eliminate the head of the snake and their engine. . |
Authorize the Minister of Finance to borrow 12 trillion dinars
History of edits:: 2015/11/9 17:45 • 118 visits readable
{Baghdad: Euphrates News} National Alliance MP Abdul Hussein Zarjaoa revealed authorize the Finance Minister Hoshyar Zebari to borrow 12 trillion dinars; to bridge the budget deficit next year.
Said Zarjaoa told {Euphrates News} today, “The current year budget is no different from last year so much, as the overall revenue in the last year 109, and this year 106.”
He pointed to the reduction of government spending, and pressure expenditures in the current year budget, but despite So we need some doors to review more and transfers among them according to priority. ”
He explained that “next year’s budget corrected a lot of the previous budgets that were allocated where the doors are not important.”
“The Parliament will examine the general budget more accurately, and to the redeployment of some the doors of exchange, and other reduction.
“He held an Iraqi delegation representing the ministries of finance, oil, and planning, and the central bank in the Jordanian capital Amman, financial and technical talks between senior officials and experts of the International Monetary Fund; to study the country’s financial and economic situation, and ways of supporting the Fund. ended 1 h
He pointed to the reduction of government spending, and pressure expenditures in the current year budget, but despite So we need some doors to review more and transfers among them according to priority. ”
He explained that “next year’s budget corrected a lot of the previous budgets that were allocated where the doors are not important.”
“The Parliament will examine the general budget more accurately, and to the redeployment of some the doors of exchange, and other reduction.
“He held an Iraqi delegation representing the ministries of finance, oil, and planning, and the central bank in the Jordanian capital Amman, financial and technical talks between senior officials and experts of the International Monetary Fund; to study the country’s financial and economic situation, and ways of supporting the Fund. ended 1 h
Legal parliamentary declares that the Parliament will take over soon from the government project of dual nationality law
09/11/2015 14:44 GMT
Follow-up – and babysit –
Legal Committee of Parliament announced, Monday, that Parliament will take over soon from the government project of dual nationality law, as shown that the law prohibits any person holding a second nationality from holding any senior post in the State, or to stand for election, confirmed the presence of a political majority on the approval.
He said committee member MP Ibtisam Hilali “There is a package of draft laws have been returned to the government and it will be sent before the last of the House of Representatives, in the coming days,” adding that “it is within the laws of this project dual nationality law.”
Hilali “The law prohibits any person holding a second nationality from holding any senior position or stand for elections,” asserting “the existence of a political majority to approve this project.”
http://alrayy.com/158255.htm
Documents Chalabi hunting .. Maliki government and the central bank is suing the banks escaped billion Iraq
By Mohammed Emad 09/11/2015 10:44 | Views: 23 773
Brother – Follow-up
Iraqi Central Bank announced a series taken legal action, the right of banks and customers in conflict with the instructions for auction sale of hard currency for the years between 2012 and 2014, presided over the “Nuri al-Maliki” the previous government.
He said the bank, in a statement, “Among those actions, prosecution by Iraqi courts in addition to the imposition of heavy fines are being collected,” noting that “the bank’s audit teams continuing to work in this field with the coordination and inform the competent judicial authorities offenses or the amounts obtained for this purpose values “.
The “central” statement, two days after the publication of official documents of the parliamentary finance committee after, the Organization of the smuggling operations, billions of dollars, took place through the auction sale of hard currency, a number of banks and financial companies for the years 2006-2014, when Nuri al-Maliki was prime minister.
And included one of the documents dated October 8 / last October, and from the Finance Committee to the Chairman of the Integrity Commission by the Bank of Huda (local) purchase of foreign currency from the central bank for the years 2012, 2013.2014 using forged documents and was transferred about 6.5 billion dollars to banks and companies in the Jordan.
He revealed Ahmad Chalabi, the former head of the Finance Committee, in a televised interview last week, (she died Tuesday in Baghdad after a heart attack) that “Iraq Asthsal $ 551 billion from the sale of oil for the period from 2006 to 2014, has allocated of which $ 115 billion to official Imports, took over as Central Bank selling $ 312 billion to banks within the civil auction sell the currency. ”
And announced a Public Integrity Commission last August, on the transfer of two thousand and 171 senior official, including 13 ministers and those who are Badrjtah, to misdemeanor courts, corruption, revealing that the ministers of defense, trade, electricity and former transportation, among the most wanted judicial authorities.
And linked to the Integrity Commission, which was established in 2004 in parliament, and have judicial powers such as the issuance of an arrest warrant, accusing orders, and has a component device of the judges in charge of the investigation of corruption and accused of files, but the body is not interested in sentencing, and only the investigating judges to transfer the accused to the competent courts
Parliament Agenda Meeting
| The meeting’s agenda number (35) Tuesday 10 November 2015 |
| November 10, 2015 |
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The third parliamentary session
The second legislative year
The first legislative term
First, read verses from the Koran.
Second: The vote on the draft freedom of expression and assembly and peaceful protest law. (Legal Committee,the Commission on Human Rights, the Commission on Security and Defence, the Committee on Culture andInformation, the Committee of Awqaf and Religious Affairs). (17 articles).
Third: The vote on the draft law of the Martyrs Foundation. (Committee of the martyrs and victims and political prisoners, Human Rights Commission, the Legal Committee). (28 articles).
Fourth: The identity of the vote on the draft law of the sea. (Commission services and reconstruction). (Article 12).
Fifth: The first reading of the draft general budget of the Federal Republic of Iraq for fiscal year 2016 (the FinanceCommittee, the Legal Committee). (Article 38).
Sixth: The first reading of the proposed cancellation of the Revolutionary Command Council Resolution Act (dissolved) No. (256) for the year 1999. (Legal Committee), (2 article).
Seventh: The first reading of the proposed abolition of the Revolutionary Command Council resolution dissolved Law No. (15) for the year 1998. (Legal Committee). (Article 2).
Eighth: the first reading of the proposed abolition of the Revolutionary Command Council Resolution Act (dissolved) No. (32) for the year 2000. (Legal Committee). (Article 2).
Ninth: The second reading of the draft ratification of the Arab Convention for the Regulation of road passenger transport between the Arab countries and other law. (Commission services and reconstruction), (2 article).
Session starts at: ten in the morning.
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Democratic official: Barzani ready to give up the presidency of the province and was succeeded by his assistant
Erbil-Iraq Press -9 November: A leading figure in the Kurdistan Democratic Party, said on Monday that the region’s president, Massoud Barzani during a meeting with elders of Sulaimaniya expressed his willingness to leave office if that will solve the crisis in the region, noting that some parties want to show that all the Kurdish problems associated with it. He said the section 21 the Kurdistan Democratic Party official Fadel Rauf, who attended the meeting Barzani, with a number of personalities and dignitaries and the elders of the province of Sulaymaniyah, last Thursday, that “Barzani has the initiative to resolve the political crisis in the region.” He said, “The meeting It was actually because most of the dignitaries were from the political side of the supporters of the Patriotic Union of Kurdistan (PUK) and the MDC, “adding that” those present were Aanzeron to Barzani, head of the province only, but as President of the Kurdistan whole Vtaliboh be the race to launch an initiative to resolve the crisis, no one else. ” According to the report by Bass Kurdish. He added that “Barzani was convinced the words of the guests and said he would do what he can do to return to normalcy in the region,” stressing that “it is for this goal would call for a meeting of all political forces and parties.” He said Barzani said, “The President of the Kurdistan Parliament was not running things must also did not benefit from the experience of those who preceded him were distortion parliament path was to act like children,” in the words of Barzani. He said Raouf that Barzani said during the meeting to, that “some parties wanted to show things as if all the problems of the region have to do it (Bbarzani) and if it did not stay in his post, the situation in Kurdistan will be resolved, noting (Barzani) that “it was stepping down helps in dealing with the situation and there is another person who can handle things, he vows not to step down but also provide hands help and assistance to him. “He concluded Barzani said,” if they’re Vshawwa area, the situation was very fit to walk steps towards the declaration of a Kurdish state “.anthy (1)
Invalid: Iraq reserves in “safe” mode
![[Image: %D9%85%D8%B8%D9%87%D8%B1-%D9%85%D8%AD%D9...40x579.jpg]](https://ci3.googleusercontent.com/proxy/yHBgn8NIqCFj9hoIq25O7-evyiusiDWMgag5B5h4S-3jevAVx-ph7d-IF_qxItkXU6b_RhdEInXoRXI4TjgQ-dp8XDBYLsFVTB30wH89iCf5wjOP6FC0iSAuhOmOxE86avOz4hOEjaTqCgTX_ES8D3S6kErp-C92HRzJmP2yVuPJoWVwIwAnqoox_psAOpEG9Gdz-W8uUw2bkezlLrXfpdMr=s0-d-e1-ft#http://www.iqtesaduna.com/wp-content/uploads/2015/11/%D9%85%D8%B8%D9%87%D8%B1-%D9%85%D8%AD%D9%85%D8%AF-%D8%B5%D8%A7%D9%84%D8%AD-640x579.jpg)
September 9, 2015
Katsadna/Baghdad
Economic Advisor to Prime Minister Mohammad Saleh appearance that the Government put a perception Interleave of State-owned enterprises to the private sector under the current loan program, returned them impetus to revitalize Iraq’s economy, in addition to the development of the agricultural sector.
Select the benefit obtained by the press agency news economy 6 months from the commencement of the process of national development to get results on the ground by emphasizing good financial revenues realized.
Economic Adviser assured citizens and investors that the fiscal reserves of Iraq «safe».
He also said the Central Bank was able to provide liquidity by around 11 trillion dinars to banks to government lending this year, they launched the 6 trillion dinar loans step will contribute to the development of the economy and move the market.
This in Baghdad either in Oman, a senior Government delegation led by Finance Minister Hoshyar Zebari held talks with senior officials and experts of the International Monetary Fund IMF to reach a memorandum of understanding Art Fund monitoring program for strengthening public financial management and strengthen cash management and provide stability to the financial sector
The country.
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