Parliamentary Finance: three sides deductions be learned from the employees’ salaries


Economy News / special

Parliamentary Finance Committee confirmed that the three sides to be learned from the deductions of state employees and pensions, saying he will not directly affect them.

The committee member said Masood Haider in an interview for “Economy News”, that the draft general budget for fiscal year 2017 Act included the deduction of 4% of the salaries of employees and retirees and be directed to the three sides, namely, (the popular crowd and the Peshmerga forces and displaced persons).

Between Haider and the deduction will not directly affect the employees’ salaries, and the deduction was due to shortage of the budget as the total deficit in the next budget accounted for 25 trillion dinars.

The Council of Representatives, its regular, on Monday morning, led by Salim al-Jubouri, and the presence of 178 deputies, while the meeting witnessed the discussion of the draft federal budget bill, and the vote on the Atomic Energy Authority Act.



Learn gift Abadi for the first commander of raising the Iraqi flag over Mosul?


History of edits:: 07/11/2016 20:33101 visits readable
[Oan- Baghdad]
decided commander of the armed forces , Prime Minister Haider al – Abadi, make a gift to the first commander of the force raise the Iraqi flag over the city of Mosul , a declaration of liberation from Daesh terrorist gangs.
A source in the military, that “the Commander in Chief of the Armed Forces decided to giving Russian tanks T72 model, from the army for the first commander of raising the Iraqi flag over Qaimmqamah spend Mosul building.”
He pointed out that “This tank was Astradjaha of Daesh through the liberalization of Hamdaniya district east ofMosul operation after occupation of the city after the June events of 2014 “.
The source indicated that” the gift will be within military force mechanisms that led it up and under his command, Ktkirm to be done. ”
and began large – scale military operation on October the last 17 for the Liberation of the city of Mosul from Daesh, joint forces and achieved it backed out from the crowd folk and tribal significant progress in various process four axes.

Iraq Stock Exchange recorded an increase the number of shares by about 100% in October



Iraq Stock Exchange


Author: ASJ, HH
Editor: BK, HH 11.07.2016 17:38 Number of Views: 92


Long-Presse / Baghdad

Iraq Stock Exchange announced on Monday, the high number of shares traded during October 2016, by more than 100% compared to last September, while confirming that the number of shares amounted to 53 thousand and 484 shares, valued at 29 billion and 648 million dinars.

The executive director of the market, Taha Ahmed Abdul Salam, in an interview to the (long-Presse), “The Iraq Stock Exchange was organized in October 2016 a month, twenty sessions with the participation of 55 companies traded shares where,” noting that “the shares of 21 companies were not traded for non-display compatibility with the demand, to become the number suspended from trading companies for the issuance of decisions of the Securities Commission to stop its shares for 19 companies. “

He said Abdul Salam, that “the October 2016 month, trading has witnessed 53 thousand and 484 shares, valued at 29 billion and 648 million dinars,” adding, “The banking sector is still the largest traders in the market in terms of the number of shares listed by 67% of the total market and it still represents the biggest turnover of the shares by 0.8, while solving the telecommunications sector secondly by 22% despite the weakness of its shares turnover rate by 0.004. “

He explained Executive Director of the market, that the “number of shares traded during last October, rose by more than 100% compared to September with the previous month,” attributing the causes to “the number of companies traded higher by 10% and the launch of trading in the current month, the number of companies which it was parked and characterized by high stock turnover rate. “

He said Abdul Salam, that “the number of transactions is also increased by more than 100%, with the failure to adopt trading indicators on the big deals, as well as higher market price index of shares traded increased by 7.7%,” pointing out that “the value of shares traded for the reasons above combined rose by more than percent percent. “

And on the shares bought by non-Iraqis, confirmed Abdul Salam, that “the number reached 160 million and 878 thousand private to 22 companies listed in the market were traded through 233 transactions worth buying 529 000 473 thousand dinars,” noting that “the number of shares sold by non-Iraqi amounted to 973 million and 879 thousand shares with 12 private listed company, were traded through 245 transactions valued at $ 709,000,803 thousand dinars. “

He said Abdul Salam, that “the market index (ISX60) closed at the end of last October, on 604.500 points, up by 7.75% compared to its value at the close of the month of September, amounting to 561.010 points.”

For the banking sector in Iraq

November 7, 2016 in the Publications comments about the banking sector in Iraq closed

kurdistan% d9% 80iraq

In any country, the monetary policy is one of the key pillars in supporting the national economy and development, So you should be reconsidered approved for the development of the potential of the banking sector and enhance opportunities for its contribution to the mobilization of savings and attract deposits plans.

Iraq and in the midst of the political and economic situation is stable had to be that performs a comprehensive review of the work of the state of the banking sector, which suffers from gaps confound his work over the past years, especially with the busy policymakers security and political conditions that did not know quiet for more than 13 years, where he turned the country into chaos after the entry of the US occupation forces to Iraq in 2003.

This flaw is not in Baghdad, but also in the Kurdistan region of Iraq, which was not in isolation from events in the whole of Iraq, here Bankers experts point to flaws in the Iraqi banking system architecture, from the door of that state Tzm “No two central banks on its territory, it is not this, but that the Central Bank of the province without the law so far, and this is due to the dominance of the Ministry of Finance in the region it, as it is doing all financial transactions and activities and the distribution of salaries, which includes the salaries of all security institutions distribute.

The central bank Federal Director confirmed that a sub-bank in each of the city of Erbil and Sulaymaniyah present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan Region. However, the meetings between the two sides have contributed to the agreement that there is a real central bank in the Kurdistan Region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, The Bank is currently the process of detailed procedures relating to this trend. As shown in the attached book.




Parliament disrupts more than ten days on the occasion of the fortieth visit



Side of the House of Representatives session, today July 26, 2016


Author: HH, MK, NS
editor: HH, NS 11/7/2016 12:55 Number ofViews: 450



Long-Presse / Baghdad

Revealed the decision of Parliament Niazi architecture Ihsanoglu, on Monday, the House of Representatives will cause consistently for more than ten days to mark the visit the death of Imam Hussein (AS), and as he emphasized that the Council will continue to hold its sessions a day during the week, favored the return of the Council to hold its meetings in the (23 of November current 2016).

Ihsanoglu said in an interview with (long-Presse), “The House of Representatives has decided to disable consistently for more than a ten-day visit to mark the death of Imam Hussein (AS),” noting that “The Council will continue to hold its meetings per day during the current week.”

He guessed Ihsanoglu, “The House of Representatives is due to hold its meetings in the (23 of this November 2016).”

The Iraqi Council of Representatives held on Monday, its 29th of the first legislative term of the third legislative year, headed by Salim al-Jubouri, and the presence of 175 deputies, while the agenda of the meeting included a vote on four special resolutions on crimes (Daesh) and vote on the final accounts of Iraq for the years 2008 to 2011, and complete the vote on the draft law of the Atomic energy Commission, and directed a verbal question to the Minister of Education, hosting and Minister of Higher Education and scientific research.

The visit Arbaaanh Imam Hussein (AS) of important religious decrees with the Shiites in the central and southern Iraq and parts of witnessing the border crossing points entering the crowds of visitors from different Islamic countries.


Iraqi private banks association governing the basics of financial accounting course with the participation of 29 bank



Baghdad …

Organized by the Association of Iraqi private banks on Monday morning, a training session under the title (the basics of financial accounting), the Iraqi Business Council Hall.
According to the Association in a statement it received “Economy News” that “the Association organized a training course in the basics of financial accounting and participant 29 banks representing a number of Iraqi private banks,” pointing out that “the participants were receiving over 3 days, lectures at the hands of competent experts, who are all from the professor Rami Hourani and Mr. Ahmed Qawasmi. “
She said, session include the agenda of the session lectures specialized in the field (accounting and financial statements definition, explaining the double-entry theory. The analysis of financial operations, accounting settlement, salaries and wages restrictions, fixed assets and methods of depreciation, loans and allowances, preparation of financial statements).

Stock market trading in government bonds issued instructions





Iraq Stock Exchange revealed, on Sunday, for the issuance of government bonds launched by the Central Bank of trading instructions, while confirming that it opens the door to investment and trading a new type of securities as well as shares of joint stock companies.
Said Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, in an interview, said that “the market has instructed the deposit of government bonds and listed and traded, after long discussions between the board of governors and the Securities Commission,” noting that “the amendments came in three seasons.”
Promised Abdel-Salam, the “Help open the door to investment and trading in the new type of securities as well as shares of joint stock companies,” and expressed hope that “the inclusion of government bonds issued by the Central Bank of Iraq and circulation over the next few days.”

Urgent .. Kurdish Peshmerga official declares control over the whole Ba’shiqah


Monday 07-11-2016 | 2:13:13

Jeb h-d

Jeb h-d

Twilight News / Kurdish Peshmerga forces managed for the liberation of the entire hand Ba’shiqah after extensive operation was launched this morning official said.

Said Ghias Alsurja official flags of the Patriotic Union of Mosul for Twilight News, said the Peshmerga seized and completely hand over the city Ba’shiqah northeast of Mosul, the center of the Iraqi flag was raised and the Kurdistan on all government buildings.

He added that the Peshmerga address some of the gunmen and suicide bombers who were inside the house.

Peshmerga forces and began on October 23 / October last, to restore hand Ba’shiqah process, predominantly Yazidi and Christian, from the grip of “Daesh”, and surrounded the town of the four destinations two weeks ago, began with the dawn of day, break into the process.

The Minister of Justice, the US ambassador: We have documented evidence against financiers Daesh in international justice



History of edits:: 07/11/2016 13:4656 visits readable
[Oan- Baghdad]
The Minister of Justice Haider Zamili, the possession of the Ministry of documented evidence condemns terrorist financiers Daesh gangs before the international court.
According to a statement to inform the ministry received by all of Iraq [where] a copy of it, that Zamili “confirmed during a meeting in his office on Monday, US Ambassador Douglas Silliman and his accompanying delegation, said the ministry has taken it upon itself and through legal and humanitarian committees , the performance of national roles toward criminalization Daesh in front oflocal and international justice file, “calling for a” united stand of the international community to support the government in its quest to view the violations committed by the terrorist gangs against Iraqi issues. ”
the Minister of Justice that” the ministry has had a major participation in the area of thecriminalization of cartels Daesh since glance the first to enter into the country through the collection of live evidence on terrorism , crimes and documented for convicted and prosecuted locally and internationally. ”
said Zamili,” after the addition of the Ministry of Human tasks Human cancellations to the Ministry ofJustice, as the body closest to the specialization, we started to form a central Commission for Human rights , headed by the Minister of Justice and within membership of all government agencies and institutions chock her and competent in the field of human rights, “adding that” this committee hastaken it upon themselves to write reports on crimes and violations committed against the citizens in the occupied territories in general to take action. ”
He added that” this committee began her duties the application of laws and decisions on human rights dossier and on the local and international axes, both related to the prison file and societal issues, in addition to its work in writing and document reports of abuse and crimes related to gangs Daesh in areas that have been liberated from the control of , and take depositions from witnesses about the crimes committed by these gangs. ”
He said the Minister of Justice that” documented reports from the Ministry of Justice will provide theevidence necessary for the Iraqi cadas and internationally to condemn terrorism and financiers about the crimes committed against Iraqis, “pointing out that” the Ministry of Justice has made significant accomplishing through its presence in the UN Human rights Council in Geneva, which we got through it President of the Council approval of the Iraq ‘s request for a seat on the Human rights Council, which would deliver our voice to this international forum on human rights file. ” in
turn, said US Ambassador Douglas Silliman, according to a statement of the Ministry of Justice that” the great role that brought him the Ministry of Justice dealing with the file of human rights will contribute to the support directed the US government and European countries in front ofinternational justice, in addition to the supplied evidence necessary to criminalize the organization Daesh terrorist globally. ”
According to the US ambassador,” that the international community seeks to be Iraq ‘s participation essential in the prosecution and conviction of terrorism, through the presence of the Ministry ofJustice and the presence of Iraqi law , along with the international laws and legislations to inflict theappropriate on terrorism and those supporting it sanctions, “noting that” the international community is ready to provide the necessary support for Iraq in its war on terror and re – displaced people to their areas liberated. “

Peshmerga: military forces advancing towards {50%} within Ba’shiqah


History of edits:: 07/11/2016 11:56367 visits readable
{Baghdad} Euphrates News announced Peshmerga adviser Maj. Gen. Mohammed Bakhtiar, on Monday, on the progress of military forces around {50%} into the hand Ba’shiqah in Mosul.
Said Mohammed told {Euphrates News} today that ” the security forces advanced towards {50%} inside spend Baishqh backing flight international coalition.”

He noted that “progress continues toward achieving the desired goal in theliberation of the terrorist Daesh gangs” .anthy