Morning News Comments 07/06/2015 Part 2 of 2
[tlm724] Article (50 ) and Article 55 of the law
Article -50 -
Central Bank is committed to identifying sales of foreign currency (dollar) in daily auction ceiling not to exceed $ 75 million a day with the exercise of justice in the sales process.
And calls for the participant bank in the auction provide goods enter documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of purchase of the amount and otherwise apply to the bank penalties stipulated in the Central Bank Act or regulations issued it and use other banking tools to maintain the strength of the dinar against the dollar.
Local governments in the provinces (Anbar, Salahuddin, Nineveh) to take advantage of the existing data in the Supreme Committee for the displaced exchange amounts to maintain all of the development of the regions and provinces
and petrodollars in relief to the displaced and trapped program within the province allocations exception of financial management and public debt, No. 95 of 2004 and be under the direct supervision by the Provincial Council and the follow-up to the House of Representatives of the members of that province.
[tlm724] and asked the referee to raise cigarettes a phrase from the inability of Article (33 / A), which states (and 300% on cigarettes and alcoholic beverages), "noting that" the Court also considered another stabbed in Article 43 of the same law made by the Prime Minister and Minister of Industry and Minerals in addition to Ozivthma ".
A - the imposition of sales tax on Kartat mobilization of mobile phone networks and the Internet (20%) of the card value (15%) on the purchase of cars of all kinds and tickets and 300% on cigarettes and alcoholic beverages and the Ministry of Finance to issue the necessary instructions for the application of the provisions of this paragraph in the pan Iraq.
[tlm724] I'd say the most important thing to come out of this is that the CBI's hands are no longer tied to the cap on the auction ! We should see adjustments made for the customs fee's as well. I welcome your thoughts on the above and thank you
Central Bank praises the decision of the Federal Court declared unconstitutional additives budget
[tlm724] Central Bank praises the decision of the Federal Court declared unconstitutional
[tlm724] The judge accepted the appeal filed on behalf of the Central Bank of Iraq
[tlm724] The Federal Supreme Court ruled on Monday, the unconstitutionality of some articles Federal budget for the current year 2015
[tlm724] that would be article 50 , the cap on the auctions
[tlm724] let me show the other art see if it has anything different in it
Federal eliminate the unconstitutionality of some articles of the 2015 budget Author: HH Editor: AB, HH 06.07.2015 twelve thirty-three Long-Presse / Baghdad The Federal Supreme Court ruled on Monday, the unconstitutionality of some federal budget for the current 2015 materials,
while confirming that the legislation was contrary to the constitution of the fact that these materials were not present in the original sender of the project from the government to the parliament.
A spokesman for the federal judiciary Abdul Sattar Bayrakdar, in a statement received (range Press), a copy of which, "The Federal Supreme Court held today its plenary considered the Appeals declared unconstitutional a number of federal budget materials for 2015 made by each of the Chairman of the Board Ministers and central bank governor in addition to Ozivthma ".
He Bayrakdar, "The impugned by the materials are all from Article (4) and Article (13/1 / c, e, f, g) and Article 41 and Article 46 and Article 47 and Article (49/2) and Article (50 ) and Article 55 of the law, and asked the referee to raise cigarettes a phrase from the inability of Article (33 / A),
which states (and 300% on cigarettes and alcoholic beverages), "noting that" the Court also considered another stabbed in Article 43 of the same law made by the Prime Minister and Minister of Industry and Minerals in addition to Ozivthma ". http://www.bondladyscorn ··· 5-budget
[tlm724] "The impugned by the materials are all from Article (4) and Article (13/1 / c, e, f, g) and Article 41 and Article 46 and Article 47 and Article (49/2) and Article (50 ) and Article 55 of the law,
[tlm724] I'll look those up for us in a bit to see what they are but the important one is article 50, no cap on the auction
Calls for the enactment of Islamic banking
[tlm724] the need for legislation Islamic banking law, especially after it has achieved great success funded many investment projects within the country
[tlm724] "Islamic banks in Iraq has been able to raise their capital to possible that the commercial banks not only in Iraq but also compete levels Even in the countries of the region
[tlm724] "the work of Islamic banks can not be promoted unless there are no facilities of the Central Bank of Iraq, as well as a law that regulates rely on it,
[tlm724] Islamic finance has become a focus of attention of many of the peoples of the world," stressing that "the Central Bank of Iraq and the House of Representatives seeking to enact a law for Islamic banking organize its work and makes it a real partner in the Iraqi banking sector
Economic parliamentary: the establishment of new banks will increase from investment activities
[tlm724] that the establishment of new banks will increase the investment activities in Iraq, noting that the government will grant leave to anyone who wants the establishment of an Islamic bank
[tlm724] The increase in banks in the country will help to increase large-scale projects and to reassure citizens on its deposits in banks,
[tlm724] thats right, the peeps love the Islamic Banks ! They trust them !
[tlm724] "Islamic Banking Act Government can grant leave to anyone who wants the establishment of special provisions and instructions of the Islamic bank
[tlm724] completed the House of Representatives during its meeting on Saturday, the second reading of the draft Islamic Banking Act
[tlm724] *hallelujah* bring it on baby !
[tlm724] Finance Committee in the House and announced the arrival of a draft banking law Islamist to Alcil, while confirming its agreement with the Central Bank to allocate $ 25 billion dinars for the advancement of Islamic banks after the enactment of the law.
[tlm724] I am digging this Cool
Economy and Investment: the current legislative term will see the passage of the new investment law
[tlm724] that the current legislative term will see the passage of the new investment law.
[tlm724] parliament is off right now until after the 17th of July
[tlm724] slackers *slap* lol but remember they do get a lot of things done while out of session
Almamori: witness the current legislative approval of the new investment law
[tlm724] the economic and investment commission has been in the past period on the completion of the new investment law, which includes legislation and laws attractive for investors with a focus on the theme of the single window in the granting of investment licenses
[tlm724] hosted several ministries and bodies and academic personalities and businessmen in order to consult them about the new investment law, which will hopefully be approved during the current legislative term
[tlm724] looks like they have it ready to read again and vote ! Sweet !
Parliamentary economy calls for the government to send illegal Central Bank and the banks for approval
Author: Publisher on:July 5, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Commission asked for the economy and investment representative, on Sunday, the General Secretariat of the Council of Ministers to send legal central bank and government banks for the purpose of the draft amended and ratified them by the House of Representatives.
He said committee member Najiba Najib's (IMN) that "most of the laws that are working on the House of Representatives during its current projects and the laws of economic nature and investment," pointing out that "the Commission asked the government to send legal central bank and government banks for the purpose of amended and its approval."
She pointed out that "banks in Iraq will work in accordance with the package of laws in the coming period to improve its performance and its work and promote the economic reality of the country."
The Council of Ministers approved days draft anti-money laundering and terrorism financing law before, submitted by the Central Bank of Iraq, said the economic advisor to the Prime Minister the appearance of Mohammed Saleh,
said that there is a law in force until approved by the Coalition Provisional Authority in the era of the civil governor Paul Bremer, but lacks the financial developments, the world has seen in the field of combating money laundering crimes.
Saleh and as money laundering around the world that ranges between three to five percent of gross domestic product and that "Iraq is close to this figure as well," he said, adding that the law would give a guarantee and sedate Iraqi banks and financial situation in the country
[tlm724] to send legal central bank and government banks for the purpose of the draft amended and ratified them by the House of Representatives
[tlm724] these are the new banking laws !!!!
[tlm724] "banks in Iraq will work in accordance with the package of laws in the coming period
[tlm724] BondLady's package of laws that we have been waiting so long for ! *hallelujah*
Parliamentary Finance will hold a meeting to discuss the court's decision on the abolition of the Commission added materials
[tlm724] thanks Rocky !
[tlm724] that "the Parliamentary Finance Committee held today, currently meeting to discuss the court's decision regarding cancellation of materials which added to the budget bill for 2015 ".
"the decision of the meeting will come out about it
[tlm724] should be interesting to see what the Finance Committee has to say