Central bank: we will produce next year, the currency (50) thousand dinars and small coins in Arabic and Kurdish
M 11/22/2013 - 17:05 | Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.
The governor of the Central Bank and the Agency Abdul-Basit Turki said that "the Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups."
[tlm724] ok arabic and kurd language is good should keep everyone happy
[tlm724] now I may be wrong but i think is coins actaully means bills because they don't have a 25 k coin out
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[tlm724] see "the largest group of coins that are available now are the (25) thousand dinars
[tlm724] so there is more of a proposal to the Central Bank, to put coins larger than the existing, such as issuing currency up to (50) thousand dinar
[tlm724] so will they issue or is this BS is the question ?
Shukri: Egypt's debt on Iraq to solve the Paris Club agreement
BAGHDAD / JD / .. Minister of Planning Ali Shukri Yusuf, Minister of Finance and the agency he is no way to settle the Egyptian government debt to Iraq, but to join the Convention on the "Paris Club".
Said Shukri told the reporter / JD / that Egypt on Iraq government debt of $ 800 million dollars, were paid $ 400 million fully to the private sector what is called a "hawala yellow" Egyptian labor that existed in Iraq in the eighties of the last century.
[tlm724] see Iraq is working out of the details to pay off their remaining debts
[Broncoroper] tlm724 read all the great stuff yesterday they are ready trying to get this thing done looks like
[tlm724] Broncoroper yes I agree they are doing great things and just think we are only seeing the surface
[tlm724] negotiating and paying off their debts is a huge thing !!
[Broncoroper] yes it is
[tlm724] its part of the international agreements also !
Amend banking laws
11/23/2013 0:00 Baghdad morning
prompted community banks with proposals to amend the three laws to the CBI after he called the last to be presented for the purpose of study and discussion in the workshop is hoped to be held tomorrow.
[tlm724] *hallelujah* this is exactly what the IMF required them to do !!!
Member of the Finance Committee: the lack of financial guarantees for investors behind the migration of domestic capital abroad 23-11-2013 10:32 AM
[tlm724] The local investors began to migrate abroad and prefer to invest in neighboring countries because of the security, stability and financial guarantees for those countries
[tlm724] thats not good !
[tlm724] they need to get a grip for real, the corruption and red tape and hindering any progress as far as investment on the local level as well as international to an extent !
Parliamentary Finance: political parties benefiting impeding the application of the Tariff Act 23-11-2013 06:04 AM
[tlm724] political parties unnamed uh huh, holding up the activation one guess which party that is
[tlm724] The Tariff Act is one of the economic laws task that should be applied in the state, noting that the continued slowdown applied would hurt the Iraqi economy
[tlm724] so Iraq is way behind all the countries and is losing millions everyday !
[tlm724] yep it is time but some people will probably lose their bribes etc... when it is activated and the most telling thing is this
[tlm724] , but the government is still determined not to be applied under the pretext of non-completion of the infrastructure for the offices of the customs on the Iraqi border
[tlm724] using the excuse that the borders are not ready when obviously they are !
[tlm724] I like the idea that the Finance Committee is calling them out, maybe we will see some action
Lebanese companies seeking to invest in Diwaniya
Diwaniyah - and babysit - said that the provincial governor said Lebanese Parliament Speaker urged the Lebanese investment companies to try to invest in the province and to take advantage of the facilities provided by the local government for the implementation of various investment projects.
[tlm724] stressing its commitment to the agreement concluded in Lebanon serving to open a branch of a Lebanese banks big in Diwaniya
[tlm724] Lebanon serving to open a branch of a Lebanese banks big in Diwaniya
[tlm724] *mission* another country opening a bank