New legislation to regulate the work of banks

 


9/10/2016 0:00

BAGHDAD / morning the
parliamentary finance committee intends tolaunch a number of special legislation toorganize the work of government banks
and private in the country.
He said a committee member, Jabbar al -Abadi, in a press statement, on Saturday, said that ” the Commission is determined to put forward legislation defining the banking business and dealing with credit Window and borrowing and other banking transactions, as well as allow the domestic banks and identify its mechanisms to prop up the government banks .”said al – Abadi, said that” the private banks is limited to work now on the windows sell the currency , which requires a serious reaction in this regard , “adding that” thebanking business in Iraq is inactive does not live up to the development in the world , “noting that” the coming days will witness the launch special new legislation tooperate banking and investment in Iraq. ”
according to observers of the banking sector is witnessing in Iraq marked decline through economic assurances to low cash reserves of the Central Bank of Iraq, as well as variation sell hard currency , prompting the House of Representatives and economic experts to demand the government to monitor Auction currency.

 

http://www.alsabaah.iq/ArticleShow.aspx?ID=124501

Brett Macgork: edit Manbej presented enormous information about “Daesh”

 

 

Khandan- envoy said the US president of the World Alliance of Brett Macgork, The liberation of the city of Manbej in Syria helped a lot in raising enormous amounts of intelligence about the organization “Daesh” terrorist.

He explained Macgork in a press statement that the information helped the alliance to track the top leaders in the “Daesh “who fled after the liberation of the city.

and enable the international US – led coalition of killing 18 of theleaders of the ” Daesh “since late last August, including Vice – Qaeda leader Mohammed Aladnana.

commented Macgork on it saying , ” it ‘s the fruits of liberalization Manbej operations. ”

the democratic forces of Syria It announced in mid-August edit city Manbej tenderness between the Turkish border from the hands of”Daesh” and cut the road in front of him to Europe in addition to the2,000 people edit elements of the organization used them as human shields as they fled the city.

Parliamentary Finance: Central Bank demands a comprehensive and immediate review of the mechanisms of the sale of hard currency and adjust the rate of the dinar to maintain its value

 

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Finance Committee: that confirmed the fall of the dinar exchange rate against the dollar caused by the adoption of the central bank of some private banks and not others in an auction and sell the currency weakness in monitoring the performance of those banks

Parliamentary Finance Committee demanded; the Central Bank of the need to adjust the trading currency auction and evaluate the performance of private banks. As the data and official statistics confirming banks to provide some civil purchase invoices are not real in the auction currency.

Parliamentary Finance Committee revealed; its intention to form a fact-finding committee to find out the reasons for the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions, which tainted question marks are many, and put an end to the continuation of the mafiosi of the market and some currency traders control the price of Aldenarabraghi Exchange .

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Parliament sets Tuesday of next week , as the date for holding its

 

Parliament sets Tuesday of next week, as the date for holding its


Identified the Presidency of the Council of Representatives Tuesday of next week the date for the resumption of meetings held after the disabled to coincide with the tenth of the month of Muharram.

The MP said the bloc citizen Amer winner in Republic News Agency statement that the presidency of the House of Representatives has also decided to identify the days of Saturday and Sunday and Monday of next week to examine the work of the committees on a number of draft laws broken.

The House Speaker Salim al – Jubouri had decided last Thursday, raising the twenty -second session of the first legislative term of the third legislative year until further notice for solutions to the tenth of Muharram holiday, with a decision of Parliament to define the time of the resumption of hearings later

 

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Kurdistan announced Tuesday a public holiday on the occasion of Ashura

 

Saturday 08-10-2016 | 9:48:53

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Twilight News / announced Arbil province on Saturday, the Kurdistan Regional Government has decided to make next Tuesday a public holiday in all its departments and institutions under public holidays issued by the Minister of the Territory Council agenda.

The official said in the media Erbil connecting Khalid in a statement responded to the Twilight News, said that under the schedule that sent ministers of the provincial council to the provinces this week will see the official holiday.

He pointed out that on 10 Muharram, which marks the next Tuesday is a public holiday in all the departments and institutions of the provincial government.

He added that the holiday of Ashura include all of Iraq, including the Kurdistan region, which will stick to its application.

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Iraq’s oil reserves will reach 250 billion barrels

 

Saturday 08-10-2016 | 10:22:19

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Twilight News / announced Iraq’s oil minister, Ali Jabbar Hussein Allaibi, from reaching the country’s crude oil reserves 143 billion barrels, stressing that it will, according to estimates, over the coming years to 250 billion barrels.

Allaibi said, during a meeting with head of the Russian oil company “Lukoil”, Faguyt Alekperov, said that the oil ministry plan for the current year and the next focus on the development of oil production and gas investment, calling for expanding the contribution of “Lukoil”, through investment participation contracts in this area or in the rest of the projects that will be implemented next year.

Allaibi He pointed out that Iraq has oil reserves estimated at 143 billion barrels of crude oil, also has a large reserve of gas .. pointing out that the ministry has begun a new era and it will go for the development of the oil and gas sector.

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IMF calls on Member States to use all the tools to support the global economic recovery

History of edits:: 10.08.2016 21:09 


[Line-up] the Steering Committee of the International Monetary Fund on Saturday called on member states to use all policy tools to support the global economic recovery is still “slow and uneven”.

The International Monetary Fund and the Finance Committee in a statement , “Overall, the uncertainty and downside risks Tzaidta while the adverse effects of long – term will continue.” 

The statement said , “We confirm our commitment to strong, sustainable and comprehensive and rich growth of jobs and more balanced, and we will use all policy instruments [structural reforms, and policies fiscal and monetary policy on the individual and collective levels both of them. ”

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