Warka Bank could cost millions of dollars in U.S. military

April 19, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Warka Bank could cost millions of dollars in U.S. military

WarkaBAGHDAD / translation Baghdadi News as repeat of the Great Depression collapsed one Iraqi banks in 2010, taking with him millions of U.S. dollars. According to the newspaper The Washington Times the U.S. on Saturday, the Warka Bank of Iraq was suffering from problems in stability when the United States began closing all accounts in Iraq As part of the withdrawal of U.S. troops from them. Read more

Central markets … Solutions to cut the “greed” of traders and help the well-off and claims to speed up replay

April 19, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

high prices of goodsMost citizens complain of continuing high prices of goods, furniture, costumes and other things that they need on a daily basis, traders judge the market and acting abilities with respect to goods entering the country, raise prices and reduce time as they will, called for citizens to demand real-stop by the competent governmental authorities to reduce the high price and the reactivation of the work of the central markets across provinces lltkhave on their shoulders. Read more

World Bank reports show significant progress in the development of the Iraqi economy

April 19, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

economy improvingTomorrow/Baghdad: Agency Finance Minister Safaa net debt, Wednesday, that Iraq is going through a good period of development reports were discussed by the IMF and the World Bank in Washington. He said the net for “tomorrow”, “the World Bank expressed satisfaction with the progress achieved in the Iraqi economy, which in recent years as a result of the expansion of the investment operations of exploiting its natural resources optimally. Read more

Sabah Al-Tamimi called for trade to refer to central markets for investment

April 19, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Increasing all marketsTomorrow, Baghdad invited the Chairman of the Economic Committee in Baghdad Al-Tamimi, Wednesday, the Ministry of trade to central markets to global companies to invest into large commercial centres. Tamimi said the morning “tomorrow”, “the provincial Council had applied to the Ministry of Commerce for the rehabilitation of central markets and major companies to invest and converted to commercial malls.” Read more

Iraq prepares for negotiations on joining the World Trade Organization at the third round

April 19, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Iraq in WTOTomorrow/Baghdad: Ministry of Commerce, said Thursday, a meeting of the National Commission on Iraq’s accession to the World Trade Organization, which is headed by Director General of the foreign economic relations Ministry Hashim Mohammed Hatem. Hatem said, “tomorrow”, “the meeting discuss customs tariffs in preparation for the third round of negotiations which will be fought between Iraq to complete its accession to WTO.” Read more

Council Najaf: delay adoption of the budget cast a shadow

April 18, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Council Najaf: delay adoption of the budget cast a shadow on the movement of heavy investment

federal budgetNajaf – where said head of the provincial council in Najaf, Khudair grace Jubouri, that the delay in approving the federal budget was overshadowed by the heavy movement of investment. said a statement by the governor’s office in Najaf, the agency received all of Iraq [where], a copy of it, Read more

Iraqi Stock Exchange contribute to economic growth

April 17, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Iraqi Stock Exchange contribute to economic growth

economic growthBAGHDAD – Hussein al-Tamimi Tgb constitute capital markets Mother president in the evaluation of countries’ economies and through the extent of the performance of listed companies has, where disclose stock movement for the success of this company or the failure of those through supply and demand and reverse capacity in economic affairs. Read more

Evidence on the mismanagement of economic resources in Iraq

April 16, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Sumaisem warns of World Bank loans: further evidence on the mismanagement of economic resources in Iraq

Iraq economicBAGHDAD – “arenas of Liberation” warned an economic expert peace Sumaisem, the Ministry of Finance to borrow money from the World Bank, so what constitutes “significant risk to the Iraqi economy.” She said, “Iraq’s budget does not need financial loans from the World Bank to bridge the deficit, the fact that the budget deficit by default and is not realistic,” adding that “the international loans to Iraq’s economy will be significant risks it is difficult to fulfill all its international loans.” Read more

Significant progress in the development of the Iraqi economy

April 16, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

World Bank reports show significant progress in the development of the Iraqi economy

Iraqi economyBaghdad – and babysit – Minister of Finance Agency purity of net debt, Wednesday, that Iraq is going through a period of development by good reports have been discussed by the IMF and the World Bank in Washington. Safi said in a press statement that “the World Bank expressed satisfaction with the progress in the Iraqi economy, which is active in recent years as a result of the expansion of investment operations for the exploitation of its natural resources optimally.” Read more

Iraq looking to Washington to protect its assets

April 16, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Iraq looking to Washington to protect its assets after the end of U.S. protection

IraqBAGHDAD / Baghdadi News / ..Iraq  Ministry of Finance announced Tuesday, for talks in Washington on the protection of Iraqi funds after the end of the period of immunity in 22/05/2014, while stressed the need for the adoption of the law offices prudent to do to provide payments for the benefit of Iraq before the courts of Foreign Affairs. Read more

Central Bank advised not to borrow to bridge the budget deficit

April 15, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Central Bank advised not to borrow to bridge the budget deficit because it would cause a deficit for years

central bankTomorrow’s Press / Baghdad showed Iraqi Central Bank Governor agency Abdel Basset Turki, on Tuesday, did not support the theme of the feet Iraq to borrow from the World Bank to bridge the shortfall to balance the current year, indicating that the borrowing would reduce the deficit for the current year only, while resulting in a deficit bigger in the coming years . Read more

MOF in Washington looking to protect Iraqi funds

April 15, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Minister of Finance in Washington looking to protect Iraqi funds from creditors

Iraqi fundsBAGHDAD / JD / .. Ministry of Finance announced for talks in Washington on the protection of Iraqi funds after the end of the period of immunity in 05/22/2014, while stressed the need for the adoption of the law offices prudent to do to provide payments for the benefit of Iraq before the courts of Foreign Affairs. Read more

Basri: the adoption of sustainable development option

April 14, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Basri: the adoption of sustainable development option achieves significant economic development

BasriBAGHDAD Dr. Kamal Al-Basri- Farah pumice is no doubt today and in the overlap labor market and global openness, the political action related to large economic reality, but go in parallel, which called experts and specialists to adopt the option of sustainable development that achieve development economically, rather than quotas, which led to a waste of public money, according to what he sees as the Dean of the Iraqi Institute for Economic Reform, Dr. Kamal Al-Basri. Read more

Funds disbursed during the reign of al-Maliki, Baghdad would

April 14, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Funds disbursed during the reign of al-Maliki, Baghdad would have made the best worldwide!

al-MalikiAfter 8 years on the rule of Prime Minister Nuri al-Maliki and the exchange of more than 700 billion dollars are the budgets of the country during this period, senior vice confirms that “the amounts spent at random and without scrutiny entered mostly pockets of power and those close to them.” Read more

Two proposals for the development of trade and import regulation

April 14, 2014 · Posted in Central Bank or Iraq, Economic News · Comment 

Two proposals for the development of trade and import regulation

foreign tradeBaghdad – Mostafa Hashemi suffer the commercial sector in Iraq, an imbalance in the regulation of foreign trade and domestic alike, as the foreign trade limited the export of raw materials from non-oil numbered, versus imports massive materials can produce a large portion of them inside Iraq, requires action thoughtful for the development of trade in the country to curb the dumping of the commodity. Read more

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