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mike alfred

Maliki is The Major Cause of Iraq Conflict: Hillary Clinton - 0 views

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    The militants of ISIS, the Sunni Muslim armed group want to gain the control of Baghdad after gaining the control of some major cities of Iraq. Hillary Clinton is not in the favor to send troops in Iraq like past, instead she wants to talk with the other neighboring countries like Iran to talk on some action plan against these militants in the country.
mike alfred

More Confusion on Iraq's General Budget - 0 views

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    The general budget of Iraq is always declared in the month of October every year. Unfortunately the budget is declared in Iraq often late in the country that caused many of the issues in the country. The unstable political situation of Iraq was always a big hurdle for approval of the budget. The conflict of Iraq and Kurdistan is the major cause of the delay of the Iraq general budget every year.
mike alfred

Experts Warn On Merging Budgets - 0 views

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    Different economic experts have different views about the merging of budget as some believe it would cause any serious problem for the government if the budget is announced next year , but some experts do believe that it can cause serious problems and they warn on merging of 2014 budget with 2015 budget. According to these experts, still there's plenty of time for the government to plan and approve that budget with political consensus.
mike alfred

US Started Efforts to Resolve The Oil Dispute bt Baghdad & Erbil - 0 views

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    United States of America sent a delegation to the Kurdistan to discuss the things to resolve the issue between Kurdistan and Iraq. The oil dispute between both of the regions is the major cause for non approval of the annual budget of Iraq.
mike alfred

The Constitutional Crisis Will Destroy The Budget of Iraq - 0 views

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    The chair man of the commission on human rights, Jubouri warned that the continuous constitutional crisis will destroy the budget of Iraq and also economy of Iraq. The current year budget is facing severe constitutional crisis that need to be checked not only for today but also for future. Unapproved budget is the major cause of number of crises in the country.
mike alfred

Dollar on Low Again in the CBI auction - 0 views

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    It was reported that the price of dollar went down on Tuesday. This was a huge set back for all the investors. The Council of the Federal Reserve has a meeting round the corner which was expected to have caused a raise in the price of dollar. The investors were waiting for the meeting so that they could watch the increase in the interest rate.
mike alfred

Ministry of Planning is Trying to Control High Inflation Rate - 0 views

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    The ministry of planning admitted that inflation rate in Iraq increased in the last 2 months to 3.2% that resulted to 5.4% annual increase in the inflation rate. The major cause behind this increase is considered the high prices of eatables in the last two months because of clashes between Iraq security forces and Sunni Militants.
mike alfred

IMF Reports Weak Economic Growth - 0 views

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    Iraqi Dinar 123 News :- A few countries in West Africa have been hit by the Ebola Virus which has caused a lot of problems for the people living there. It was reported by the IMF that the economic growth in Liberia and Sierra Leone is expected to go down by 3.5%.
mike alfred

Revaluation of Trade and Business in Iraq - 0 views

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    Iraqi Dinar 123 News:- Economists welcomed the relation of trade that started again after a long break. The trade started between Baghdad and the rest of the world. The Rafidain Bank in London has reopened which is a great thing for Iraq. Its closure caused problems for the country as it helped Iraq in the financial markets.
mike alfred

Iraqi Dinar Revaluation in The Recent Situation - 0 views

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    Iraqi dinar revaluation is again under discussion after the nomination of Haider Abadi as new prime minister of Iraq. The Iraq President Masum also supports Abadi as new prime minister of Iraq and invited him to form a new government. Noor Al Maliki the old prime minister of Iraq was considered as the major cause of sectarian war in Iraq.
mike alfred

New Budget is on its Way - 0 views

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    Iraqi Dinar 123 News :- The budget for these two years has been causing a lot of problems for the Finance Committee. The chairman was paid a visit by a member of the House which showed the details regarding the budget.
mike alfred

New Government Reforms is to Address the Corruption and Money Laundering - 0 views

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    Iraqi Dinar 123 News :- Corruption and money laundering are some of the major issues for Iraq for last couple years. Both of these issues are going parallel and need to be addressed. Millions of dollars are laundered every year from Iraq in the nearby countries that cause million dollar loss to the country.
mike alfred

Finance Committee's New Proposal - 0 views

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    Iraq invaded Kuwait in 1990 and caused damaged the oil fields of Kuwait. After this UNO imposed sanctions on Iraq and asked Iraq to withdraw from Kuwait. Iraq will have to pay $82 billion for the damaged it did in Kuwait in 1990.
mike alfred

Dinar Guru Mark's Views on buy iraqi dinar currency - 0 views

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    Iraqi Dinar 123 News:- Ever changing dates of revaluation of Iraqi dinar is the major cause of disappointment in the common dinar investors. People are waiting for revaluation of Iraqi dinar since 2003 when they first time heard about revaluation of Iraqi dinar.
mike alfred

Worldwide Low Oil Prices and Its Impact on Iraq - 0 views

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    It was declared by economic experts that the decline in the prices of oil would cause problems for countries like Iraq who need to gain the maximum benefit from their major natural resource which is oil. The companies that handle the payments that the different companies have to give them from overseas because they are gaining benefits for a certain period of handling the different data.
mike alfred

New Deposit Insurance Act Approved - 0 views

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    During the banking conference held in Baghdad the Deposit Insurance Act was approved. It was seen that most people find it hard to invest their savings with banks due to the unstable conditions of Iraq. Iraq has been unstable socially, economically, politically and financially since long. The security issues of the country have also been a big cause to different things.
mike alfred

Authority Taking Steps to Regain Investors Trust - 0 views

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    Iraqi Dinar 123 News:- It was reported that the Government of Iraq understands the factor that foreign and domestic investments are necessary for the country. The security situation has caused a lot of issues for the country. People are not interested to invest in the country.
mike alfred

The March of Mehdi Army in The Streets of Baghdad - 0 views

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    Iraqi Dinar 123 News:- Iraq is burning due to wrong sectarian policies of Noor Al Maliki Administration. John Kerry said that Noor Al Maliki discriminative policies against Sunni Muslims are the major cause of rebellious activities in the country. The consistency of these policies is destroying Iraq and increasing disappointment in the Sunni Minority.
mike alfred

Violation of Tax Laws - 0 views

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    Iraqi Dinar 123 News:- According to economists; the citizens who invest in oil are warned not to base on the sale of oil imports as per the risks included in it. The government change that happened in 2003 caused a lot of changes to tale place with the tax laws so the revenue collected by the government is different from what it was before 2003.
mike alfred

Many Problems Still Exist in Delivering a Good Budget - 0 views

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    It has been seen that the Finance committee has been ordering the management of the House of Representatives to look into the economic situation of the country and to build a proper budget. A good budget needs to manage the whole country which would not be able to cause any kind of trouble for the public and the financial sector through out the year.
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