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mike alfred

Finance Minister Discloses Country's Net Worth - 0 views

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    Iraqi Dinar 123 News:- The President of the Republic and the Minister of Finance has disclosed the worth of the country. The people who are instated within the House of Representatives were also to be listed by the end of the month of August 2014.
mike alfred

Finance Ministry of Iraq Pays Special Attention - 0 views

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    Finance committee of Iraq decided to pay special attention to the trade and agriculture by proving wheat and pesticides for agriculture purpose. Iraq wants to be self-sufficient in wheat and barley in the near future. Therefore it is paying special attention towards both of these crops.
mike alfred

Taxes and Custom Duties to Increase Revenue: Finance Committee - 0 views

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    Iraqi Dinar 123 News:- Finance committee planning to increase state revenues with the help of taxes and customs. The member of finance committee Masood Haider said committee discussed in this meeting increase revenues of state from taxes and custom duties. All the process is being done with the coordination of ministries and financial advisers.
mike alfred

Finance Committee Announces The IQD is Stable - 0 views

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    The purchase of gold is being considered as a wise decision on the part of central bank of Iraq but you cannot expect dramatic changes in the exchange rate of Iraq because there are many other factors that need to be considering after this purchase that can make or break this deal. The overall economic condition of Iraq is satisfactory even with the terrorism issue.
mike alfred

Iraq Won't Seek Renewal of US Protection to its Funds - 0 views

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    Many other security companies from different countries of the world wished to win this contract in the last two months. But Iraq was willing to renew this contract with United States Of America Company. One of the finance committee member informed that the contract is almost in the final stages for approval. Suddenly the news for cancellation of contract between Baghdad and Washington is surprising as the contract was almost approved by Iraq parliament.
mike alfred

Formation of a New Finance Bank is The Need of The Hour - 0 views

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    Iraqi Dinar 123 News:- The northern border of Iraq is closed due to clashes between Iraq security forces and ISIS. Because of this the laboratories and factories are facing shortage of necessary raw material to fulfill the market demand. The laboratories and factories are facing huge difficulties in importing the required material through northern border of Iraq.
mike alfred

Changes Taking Place in Iraq's Finance And Banking Sector - 0 views

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    Everyone in the Iraq is looking towards results of general elections and the revaluation of Iraqi dinar but no one is paying attention on the Iraq stock exchange as it is facing some drastic changes. In the last three months, central bank of Iraq permitted fifteen Arabs and some other international banks to open their branches in the country especially in Baghdad.
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

We Discussing Budget For Past Four Months: Chairperson PFCI - 0 views

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    Iraqi Dinar 123 News:- The chairperson of finance committee of Iraq Najeebeh Najeebeh said that finance committee of Iraq were allowed only four months for the discussion of Iraq budget. Therefore budget can consist of several things that need detail discussion.
mike alfred

World Bank lends 355 million dollars to Iraq - 0 views

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    The World Bank signed an agreement on a loan of 355 million dollars to develop the dry canal project and finance the construction of the road network of domestic and international presence of the Minister of Finance Agency purity of net debt and the Minister of Construction and Housing Mohammad Darraji and World Bank representative Fred bin Haj and a group of Commission services and reconstruction in Iraq's parliament.
mike alfred

Govt. Continuous Borrowing From CBI Can be Harmful For The Country - 0 views

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    The member of finance committee of Iraq, Mustafa Jamal said yesterday that continuous borrowing from central bank of Iraq for the investments needs is not in the favor of Iraq and its economy. The borrowing will be conflicted with the predefined rules of state budget in the country.
mike alfred

Government Financing Tourism in Iraq - 0 views

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    Iraqi Dinar 123 News :- Iraq not only has a lot of money in its oil reserves but also in the tourism sector.Tourism has a lot of influence in Iraq. It is expected that the people of Iraq may find a lot of profit in Tourism.
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

Iraq Taking Necessary Steps to Protect its Foreign Funds - 0 views

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    Iraqi Dinar 123 News:- The breach of the contract after completion between Iraq and United States of America for the protection of Iraq foreign funds raised many technical and security questions about these foreign funds. Iraq does not want to renew the contract with United States and people are considering it as sensitive issue.
mike alfred

Iraq Budget Expected in March 2015 - 0 views

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    Iraqi Dinar 123 News:- Finance committee explained that the delay in approving the Iraq budget because of dispute between provinces in Iraq. Baghdad and Kurdistan major dispute on oil production and revenue. Decline in the oil prices effecting Iraqi treasury and Budget depends on treasury.
mike alfred

Finance Bank to Carry Banking Activities Under CBI Terms - 0 views

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    Iraqi Dinar 123 News:- Central Bank of Iraq takes Bank of Economy of Iraq under its guardianship after receiving several complaints about the performance of bank of economy. Bank of economy committed breach of contract with several foreign and local companies that negatively impacted the overall goodwill of Iraq and its banking system.
mike alfred

500 Billion Iraqi Dinar Worth Remittances Sold - 0 views

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    Keeping in view the public debt law, the Ministry of finance issued remittances which were backed by the government of Iraq. The Central Bank of Iraq also had a key role to play in the idea of holding auction, granting remittances and every thing else related to it.
mike alfred

Iraq Must Upgrade Its Banking System: Finance Experts - 0 views

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    Iraqi Dinar 123 News:- Iraq needs better strategies to bring the kind of development in the country that would bring Iraq at par with the rest of the world. It needs to upgrade its system of management and bring in to consideration a better developmental challenge.
mike alfred

ISIS Opens Bank Loans Damaged Currency Redemption Mosul | Iraqi Dinar News and Facts - 0 views

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    The ISIS or Islamic State in Iraq and Syria has announced that they have opened their own bank in the City of Mosul to provide loans and to compensate for mangled currency, in order to financing and to raise the business for terrorist organizations.
mike alfred

Najib expects to cover the budget deficit from oil prices - 0 views

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    A member of the Finance Committee in the House of Representatives Najeebeh Najib, said that the budget deficit for the fiscal year is not physically present, indicating that the planned deficit is limited to theory and not in practice.
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