Dinar Central

Monday, June 27, 2011

Iraq: the deletion of zeros from the Iraqi currency would overcome all the difficulties of economic.

Iraq: the deletion of zeros from the Iraqi currency would overcome all the difficulties of economic.

Palm - saw an MP for the Iraqi List Atab league that the process of deletion of zeros from the Iraqi currency to work through all the economic difficulties, especially after a large inflation taking place in the country.

The league said in a press statement today: The announcement of the Iraqi Central Bank Governor for putting the final touches to the process of lifting the zeros from the currency is one of the things in support of the Iraqi economy and reduce inflation, currently exist.

The governor of the Central Bank came to the House of Representatives earlier and discussed the issue with the House of Representatives of the Iraqi economy and the deletion of zeros from the dinar.

http://www.nakhelnew...ws.php?nid=7106

Parents of the cell: the security ministries are not vacant

06.27.2011 | (Voice of Iraq) - Follow-up / long
considered the Ministry of Interior said that the security ministries are vacant and they managed institutional, affirmed its confidence in the ability of the security agencies to maintain security during the pilgrimage. He said the Inspector General at the Ministry of Interior Aqeel Turaihi "The security ministries are not vacant, which is administered under the direct supervision of Prime Minister Nuri al-Maliki," noting that "the achievements of these ministries of the achievements in terms of arrest of wanted men and thwart the schemes were aimed at citizens, confirms that they are managed in a way institutional and adopt the contexts of work and clear and consistent, "he says. He Turaihi told Alsumaria News that "the security ministries have established for themselves pillars of work are not affected persons to the extent affected by the facts on the ground," explaining that "contexts professional adopted by these ministries, are organizing the rhythm of work and adjust the routes driven. " stressed Turaihi that "security forces capable of maintaining security in the religious events that live in Baghdad and Karbala," noting that "these devices are to have enough experience."warned the Inspector General at the Ministry of Interior of the "relaxed security services," inviting them to "exercise vigilance and caution to counter the threats posed by armed groups." He Turaihi that "the achievements of the security forces against terrorism may affect the organs of numbness and this dangerous situation," pointing out that "the security services may feel after the retreat of the work of armed groups that the danger may still , Vttrakhy grip, and can encourage the sleeper cells of the armed groups to move and target the country's security. " He is Prime Minister Nuri al-Maliki, the security ministries acting since the announcement of the formation of the government is not completed in the atheist and the twentieth of December last, he issued the seventh of June, is commissioned by the national security adviser, Faleh al-Fayad to take over the post of Minister of National Security Agency. Al-Maliki, said on 11 May last, that the Ministry of Defense is not the right of the Iraqi List, but the component Sunni, the interior of the component Shia, and between that commander of the armed forces and right to choose the team that worked with him, he pointed out that the concept of compatibility between the blocks ended after the announcement of the formation of the government. It is noteworthy that the Iraqi leader Ayad Allawi, said in an interview for "Alsumaria News", on 9 May, that the Maliki government operate in a manner secret by sending the names of the candidates of the security ministries to Parliament, and as he emphasized the unwillingness of his list to withdraw from the political process in the event of Maliki's insistence on its candidates. The head of the House of Representatives Osama Najafi announced during a press conference, the fifth of May, the arrival of the names of candidates for the ministries security to the parliament to be discussed and included in the agenda of the Council during future meetings, as he emphasized the center coalition that Prime Minister Nuri al-Maliki, sent the names of candidates for security ministries, to Parliament and they both Saadoun al-Dulaimi, the Department of Defense, and Tawfiq al for the National Alliance for the Ministry of Interior, Riyadh strange National Alliance, also, to national security

http://www.sotaliraq.com/iraq-news.php?id=23027

Deputy for the rule of law: resolving the contentious issues will be the one basket

Baghdad (news) .. The member of a coalition of state law and the MP / National Alliance / Ali Kurd, Husseini said resolving the controversy between the blocks, will be a basket and one.

The political scene in a state of tension that could lead to new agreements due to lack of understanding of Council policy strategy, which came across Erbil Convention that produced the Government called the designation of national partnership.

Husseini said in a statement (the Agency news) on Monday: “The Convention on the Erbil included the development of the National Council for the strategic policy, and not vote on the President of the Council within the parliament, pointing out that things are moral one between the political blocs are linked together, such as the security ministries and the National Council and the remaining items of table, grabs one basket. “

He favored the MP for the National: resolve these outstanding issues during the month, after discussing ways to implement the blocks.

Include the remaining items from the desk of Irbil, as they consider Iraqi; First, the balance in the ministries of the state. Second, the revival of the National Council, Third: Turn off the procedures for the accountability and justice, IV: Stop arrests without issuing warrants, V. nominate ministers security and a defense minister exclusively from the candidates in Iraq. VI: Presentation of the Rules of Procedure of the Council of Ministers and the government program for the ministries of the Council of Representatives to review it.

http://wp.me/pZC7o-8UA

Iraq Investments: Why June 30th is So important

Central Bank denying change in exchange rate W/Millionday's comments below

Posted Yesterday, 05:00 PM

Hope Millionday or someone can explain this... it sounds like either a smokescreen, or we are in for a disappointment...Help please??????????

Date: Mon 06/27/2011 4:43

A Deputy Governor of Central Bank of Iraq, Ahmed Ibrihi that "the deletion of zeros from the Iraqi currency has nothing to do at the exchange rate and prices." Ibrihi said in a statement to the Agency all of Iraq on Sunday, said: "Some people imagine that the state wants to influence prices

Or exchange rate (a reduction or waiver) by the deletion of zeros and this is not true. "He added that" the deletion of zeros nothing to do with price and exchange rate and that the addition of larger groups of the currency does not require the deletion of zeros. "
He continued that "it is not expected to convene Officer in the state to promote a false consciousness about economic life and promote the illusions of the common disorder. "
It should be noted that the "plan of deleting three zeros from the Iraqi currency is one of the proposed projects. And confirms the economists that this project will facilitate cash transactions; because the handling of cash in Iraq is complex; due to the variation in currency exchange between the Iraqi dinar and the U.S. dollar, which could reach the cash transactions to the trillions it requires complex calculations to see the results of those transactions in the profit and loss, and others. "
The central bank Iraq has decided to restructure the local currency in order to develop the payment system in the country, and start execution of the strategic long-term, specialized to the restructuring of the local currency for the development of the payments system in Iraq.
The "International Monetary Fund calls Iraq a number of economic measures including the privatization of banks and raise the zeros three of the local currency and to meet debt and compensation is the responsibility of Iraq, if Iraq's desire to receive support the International Fund.
In the meantime, he saw an expert industrial Abdul Hassan Shammari that the deletion of zeros from the Iraqi currency is an achievement will go down to the Central Bank in the event was implemented, as announced Bank is ready to delete the zeros from the currency, and added that the step is one of the functions of strategic him.
Al-Shammari said the Agency news on Sunday: the restructuring of the currency will not affect the Industry and Trade of Iraq, but it is a good step from the central bank, which will add an achievement should the state have been implemented because they will ease a lot of effort to balance and commercial stores.
He Shammari: This topic is very important and was supposed to be implemented some time ago, indicating that we are not the only country that has raised the zeros, Turkey deleted six zeroes from the currency and has become a LL one.
The central bank announced in Earlier, his willingness to delete the zeros of the Iraqi currency, as he emphasized that this step is one of the jobs strategy of the bank, and pointed out that the new currency will contain the Kurdish language in addition to Arabic.
The adviser said the Iraqi Central Bank Governor appearance of Mohammed Saleh told Alsumaria News The "zeros that Added to the Iraqi currency during the last period, formed a cluster of large cash $ 28 trillion and 500 billion Iraqi dinars nearly five trillion paper money, "noting that" the Bank prepared the supplies all of the deletion of zeros from the currency. "
Saleh added that "the process is one of the jobs strategy of the Bank Central Iraq, "noting that" the Bank's monetary policy is based on the structure and reduce the volume of currency in a country moving to the stage of the economy. "
Salih stressed that "the project to delete the zeros have been completed and will be presented to the management of the Central Bank of Iraq during its next meeting, and then raise before the Council of Ministers to be presented to the House of Representatives for a vote, "pointing out that" the mechanisms of switching and changing the currency would be gradual preceded by campaigns to educate the citizens. "
Saleh continued that "the new currency that will be printed after the deletion of zeros will contain the Kurdish language in addition to Arabic, as well as for some pictures that refer to the heritage and cultures of Iraq and symbols of scientists and thinkers the Iraqis. "
The Iraqi Central Bank Governor Sinan Shabibi said at a meeting of independent bodies with Prime Minister Nuri al-Maliki, who held on 19 June current, ready to create all the supplies to replace the Iraqi currency.
in turn, said member the Finance Committee in the House of Representatives of Iraq, that the committee did not address so far to the question of changing the Iraqi currency.
and said Najiba Najib told the Kurdish news agency that he "had not been talking so far in the Finance Committee representative on the issue of changing the Iraqi currency, having met some time ago the Governor of Central Bank of Iraq and Minister of Finance, has not had discussions in this regard so far. "
She Najiba "The Iraqi dinar exchange rate compared with the U.S. dollar is stable at the present time, the central bank could maintain the stability of the Iraqi dinar exchange rate against the dollar."
"The change currency will not cause a rise in the value Aldenarabraghi, and there are a number of accounting measures should be taken by the central bank, in order to stabilize the dinar exchange rate, including the buying and selling bonds, and dealing with international banks in various countries. "
http://almadapaper.n...n=view&id=43137

Millionday's comments on this article:

Posted Today, 01:15 AM

THIS IS A GREAT ARTICLE HUN -- WHAT IT IS SAYING IS THAT ONE OF THE PROCESSES TO APPLY THE MONETARY REFORM TO IRAQ IS THE EXCHANGE OF THE CURRENCY IN THE COUNTRY. THE MOST EXCITING THING THAT IT SAYS IS THE CURRENCY THAT IS OUTSIDE OF THE COUNTRY IS GOING TO BE TREATED AS DEBT AND THAT IF THEY NEED HELP ==THE IMF WILL HELP RETRIEVING IT FROM THE BANKS OF THE WORLD . YOU SEE THE IRAQ GOVERNMENT HAS I THINK 6 MONTHS TO GET THE MONEY BACK FROM THE VARIOUS COUNTRIES THAT WILL BE HOLDING THE IRAQI DINAR -- THIS IS GOING TO BE SOMETHING THEY OWE. THE RATE WILL CHANGE WHEN THEY START THE PROCESS AND IT WILL BE A SUCCESS. THE ONES HELD IN US WILL BE A DEBT THAT IRAQ WILL OWE. THEY ARE ALSO REASSURING THE IRAQI CITIZENS THAT THIS IS NOT A GOVERNMENT TACTIC TO EFFECT PRICES TO GET THEIR MONEY AND EFFECT THE ECONOMY. THEY ARE SAYING THAT IT WILL BE OK AND THAT IT HAS BEEN DONE IN OTHER COUNTRIES AND HAS BEEN DONE CORRECTLY --DONT WORRY

Sunday, June 26, 2011

end of june article 140 not exteneded

end of june article 140 not exteneded... "identified the implementation of Article (140) of the Iraqi constitution, the end of June deadline for receipt of forms for Palmhmolin the decision of the financial compensation.
A statement issued by the Commission and received the Agency (news) a copy of it on Sunday: 'The Committee set the end June the current deadline for receipt of forms for Palmhmolin the decision of the financial compensation, 'noting that the deadline is not extended.
The Commission invited all covered by Resolution No. (7) issued by the Committee in the central and southern governorates to the audit offices.
She noted that the owners of transactions are not completed will be they have completed six months ahead, indicating that the time limit will begin in the first of next July to the end of 2011 to complete all transactions.
The statement continued, 'that the Committee will continue to receive transactions covered by the decision and who could not complete their transactions. / End /

http://www.ikhnews.c...n=view&id=15608"