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mike alfred

Increase in Financial Deposits in Iraqi Banks - 0 views

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    After purchase of 36 tons of gold, the worth of dinar increased in local market of Iraq. That's why the deposits in government and private bank are increasing with the every passing day. The private association executive director Abdul Aziz al Hasoon told that the volume of cash deposited has grown this year to about 70 trillion Iraqi dinars.
mike alfred

Economic Commission to Increase The Credits - 0 views

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    Iraqi Dinar 123 News:- The credit amount for the documentary credits was increased after a joint a decision which was reached on after a meeting between the government and the CBI. The amount was increased from 4 million dollars to 10 million dollars. This decision was made after four meetings.
mike alfred

Expectations of an increase in world oil prices to more than 120 dollars - 0 views

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    The increase in consumption will lead to annual prices of oil in international markets, so the oil prices heading upward to increase to more than 120 dollars during the next two years, and this is what would best benefit the developing countries that rely on oil as a major source of the economy.
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

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

Dependency on Private Sector Has to Increase: Jamil Antonie - 0 views

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    Dependency on Private Sector Has to Increase : Jamil Antonie On behalf of the Jamil Antonie, Ara saw the need of reduction of costs and increase in the Erdat and reliant on the private sectors to promote the economic reality, in this way, this is the best way through we can get more dependence on the private sector to promote the economic reality.
mike alfred

Kurdistan And Turkey to Increase Oil Trade Volumes - 0 views

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    Both of the regions decided to enhance the oil trade in the region. Some new contracts are also signed by Kurdistan with Turkey to expand the oil contracts of Kurdistan with Turkey. The volume of oil trader will also be increased as a result of this new contract.
mike alfred

Record Increase in Oil Prices After US Declaration - 0 views

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    Iraqi Dinar 123 News:- The central bank of Iraq announced that with the 70 billion dollars reserves and over 120 tons of gold it has ability to support its currency at international market and will be able to Stabilize Iraqi Dinar in the international market.
mike alfred

Prices of Gold Increased In Asia - 0 views

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    The gold prices in Asia rose after the rebel attack on the two major cities of Iraq. The rebels got the control of these major cities and started attack on the security forces. These major cities are rich in the oil production therefore it is considered as a big loss for Iraq and its economy.
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

Iraq's Increasing Oil Production to Strongly Impact Other Exporting Countries - 0 views

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    According to the Kuwaiti Petroleum Company also known as KPC, the increasing production of Iraqi oil will deeply impact the oil exports of all the exporting countries in the gulf region. KPC considers Iraqi oil as its strong competitor in the international market that can reduce its oil export revenue to a sufficient level.
mike alfred

Foreign Business in Iraq is Increasing - 0 views

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    Iraq is getting attention form the foreign countries in a good way. Other countries are interested to increase business in Iraq. Several countries are competing hard with one another to get the best out of foreign businesses, as best as they can. Most states have understood the difference that foreign businesses makes for a country so on bilateral and singular bases they are trying to focus in foreign countries.
mike alfred

Considerable Increase in Oil Exports And Revenues - 0 views

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    According to the member of the ministry of oil, Assem Jihad; the southern ports exported 75.7 million barrels during July through the ports off Basra while the exported barrels of oil from Baardat were 7.8 million barrels. The average sale price per barrel was 102.80 dollars per barrel. It was seen that the oil exports were quite low from the Kirkuk area, this proved to be a great boost to the economy of the country.
mike alfred

Brent Oil Prices Increased in The International Market - 0 views

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    Iraq is the second largest oil producer in the world after Saudi Arabia. Therefore economy of Iraq impacts directly the international oil market and indirectly the economies of the other developing countries in Asia and Africa. The Brent oil has increased in the international market for last 4 weeks due to crisis in Iraq.
mike alfred

Increase in Oil Exports Despite Low Prices - 0 views

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    Iraqi Dinar 123 News:- It was announced by the oil ministry of Iraq that their export ratio of oil increased recently. During the month of October the oil exports rose. The total revenue earned through the oil export during the month of October was equal to seventy six million and three hundred thousand barrels.
mike alfred

Iraqi Dinar Guru 2-13-14 Opinion… - 0 views

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    On the 16th there may be a floating rate. 1 to 1 and then it may be released into an open market policy. Open market operations…sellinggovernment bonds. The demand for the iqd had increase and the value is about to increase significantly.
mike alfred

Fears of increasing the Iraqi federal budget - 0 views

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    The government will be torn where will face two problems at one time two delay in approving the budget in the House of Representatives and how to bridge the deficit, which will create cover the costs of retirees and prisoners Rafha and amounts of petro-five dollars.
mike alfred

No Revaluation Uptil General Elections - 0 views

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    Dr. Selah, the noted government official said that revaluation will not occur until general elections of Iraq. According to him, the process of election will disturb due to this procedure. He said that it is desire of government to increase the value of dinar so that people may trust their economic policies. They are already doing their best to increase the value of dinar that will add the value in their general election campaign.
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

Per Capita Income of Iraq is Increasing - 0 views

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    The World Bank survey report shows that the per capita income of Iraq people is rising with the every single passing day and therefore they are looking for new products that don't assist in the domestic market of Iraq. The different companies received several request to provide specific products that don't assist in the Iraq market and therefore they are looking to import such products from international market to fulfill the demand of the people.
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