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mike alfred

Impact of Poor Law And Order Situation at The Economy of Iraq - 0 views

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    The crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.
mike alfred

Consensus is developing between Kurdistan and Iraq - 0 views

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    The development in the negotiation between Iraq and the Kurdistan is reported by Iraq media to create consensus between both of the regions to meet the challenges of the country. For this purpose a meeting is going to hold in Baghdad between Iraq government officials and the Kurdistan delegation. According to Iraq media the delegation will discuss the present tension between Iraq and Kurdistan about Iraq oil policy.
mike alfred

The Central Bank of Iraq Imposed Trusteeship on Economy Bank of Iraq - 0 views

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    Central bank of Iraq is trying to build its trust among foreign companies, foreign investors and local traders for the successful financial operations. Now central bank of Iraq is responsible for the failure of economy bank in the financial operations. Central bank of Iraq formed a committee of three members to complete the process of Trusteeship and report it in the next few days.
mike alfred

Iraq Market Economy And Increasing Role of Its Government - 0 views

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    The role of the Iraq government is increasing or decreasing in the economy of Iraq is not clear and has two different opinions. Some economists believe that the role of central bank s increasing in the economy of Iraq and some believe it is not. Being independent body, the central bank of Iraq is responsible for all the economic policies of Iraq.
mike alfred

Large Numbers of Business Opportunities in Iraq - 0 views

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    National Business Council of Iraq said that Iraq is rich country in the natural resources that need international efforts and cooperation to get maximum benefits from these available resources. The clashes between Iraq security forces and Sunni militants affected the economy of Iraq badly. The experts believe that there is no any military solution of Iraq situation.
mike alfred

Iraq's Dual Exchange Rates and Its Effects - 0 views

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    After a huge criticism on monetary policies of central bank of Iraq by economists and government of Iraq, the central bank of Iraq introduced de facto dual exchange rate system in the country. This system allowed central bank of Iraq to control the value of dinar in the country as well as in the global market. According to this system, Iraq introduced two exchange rates for the different sectors of the economy.
mike alfred

CBI Invites JP Morgan to Open a Branch in Iraq - 0 views

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    The central bank of Iraq is aim to attract different foreign banks to open their branches in Iraq. The foreign investment will increase in Iraq if CBI succeeded in attracting large number of foreign banks in the country. Central bank of Iraq is taking radical steps to increase investment opportunities in Iraq.
mike alfred

Oil Exports of Iraq from Southern Ports rises - 0 views

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    Iraqi Dinar 123 News :- The oil and gas ministry of Iraq announced the rise in the exports of crude oil from southern ports of Iraq this month. This is because the security situation of Iraq is looking better. The Iraq security force with the help of US air strikes is moving forward to regain the occupied areas from ISIS.
mike alfred

Iraq Economy After The Election 2014 - 0 views

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    The present government of Iraq contributed much in the economic development of the country. The government made five years economic plan for major economic factors of Iraq. These five years proved so productive for Iraq because government followed the five years policy as it should be followed by Iraq.
mike alfred

Recent Suicide Attacks in Iraq and Its Impact on Dinar RV - 0 views

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    Iraq has never come out of its war state, although troops appear to be withdrawn from the country. The world war is over in Iraq, but there are other ways of hidden wars that Iraq is still facing. Those problems include uncertain conditions of security, weak government, dwindling state of elections, imbalanced budget and many such problems. Recently, Iraq faced several suicide attacks in various parts of the country. This is going to impact badly the current condition of the country.
mike alfred

New Banking Reforms bring Business in Iraq: CBI - 0 views

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    Iraqi Dinar 123 News:- Central bank of Iraq is introducing new banking reforms to support local and international trade. These reforms are expected to bring positive change in the behavior of foreign companies for Iraq and its local companies. Central bank of Iraq under the supervision of governor Salman introduced new payment method for local and international companies operating in Iraq.
mike alfred

Is The Maliki Next Prime Minister of Iraq - 0 views

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    According to some people the law and order situation of Iraq is worst in Iraq and it is continuously going towards crisis. The turnover of the votes in the present Iraqi election was more than any other election in Iraq that shows the sincerity of Iraqi people with election and with its results. Despite of worst law and order situation of Iraq and many unwanted events, the people of Iraq came out of their home to cast their vote for the expected change in the country.
mike alfred

Companies Being Paid to Leave Iraq - 0 views

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    Keeping the security conditions of Iraq in view, the foreign companies are being paid to leave Iraq. This happened because of the security conditions of Iraq being quite fragile especially in the area of Mosul. Several that were managing in Baghdad the management of everything was due to the result of Turkey's policy towards Iraq.
mike alfred

France Shows Interest to Enhance Business Relation with Iraq - 0 views

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    Iraqi Dinar 123 News:- France has shown interest in to develop trade and business relations with Iraq. In bilateral meeting between France and Iraq discussed France deal with public sector organizations and private business associations for trade and exchange. The new French ambassador of Iraq Marc Barete announced in a meeting with political persons and members of business association in Iraq.
mike alfred

Iraq Should Explore Remaining Oil Reserves - 0 views

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    Iraq News Agency: Iraq has explored much oil which is giving much revenue to the country annually. Recently in 2012 the trade gave 85% of the total revenue to the country. The revenue of oil has always dominated the export industry of Iraq.
mike alfred

Development is Main Dependent on Export of Iraq - 0 views

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    The export business has always remained lucky in Iraq. Iraq has very huge oil reserves that are enough for getting out Iraq from the financial crises.
mike alfred

Iraq Has 90 Trillion Dinar as Financial Reserves - 0 views

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    At the end of February 2014, the total size of hard currency reserve is equivalent of ninety trillion Iraqi dinars as announced by Central Bank of Iraq. Central bank of Iraq is not fully satisfied with these ninety trillion reserves. According to central bank, the reserves need to be over 100 trillion because of increased volume of trade in private sector of Iraq.
mike alfred

Iraq's Private Sector is Anxious About Economic Development - 0 views

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    World Bank and IMF ensured the economic growth and development in the Iraq economy. The economic policies of the government and the monetary policies of central bank of Iraq, worked well for Iraq economy. The growth rate of Iraq economy is higher than all other Middle East countries, according to World Bank economic report for year 2013-14.
mike alfred

Iraq is Prepping For WTO Membership - 0 views

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    Iraq is trying to convince its friends and concerned countries to vote in its favor for the membership of World Trade Organization. Most of the countries are ready to vote in the favor of Iraq for the membership of world trade organization. According to the rules, Iraq will have to manage its currency so that it may trade internationally. The value of Iraqi dinar must be stable to get membership of world trade organization.
mike alfred

New Parliament Seating With New Challenges - 0 views

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    The new parliament of Iraq is seating at 15th of June 2014 in the parliament house to decide the prime minister of Iraq. Hopefully Noor Al Maliki is the new prime minister of Iraq again. Unfortunately, parliament of Iraq will not be able to approve budget of Iraq for 2104 because Kurdistan regional government is not participating in the budget meeting.
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